Armenian banks bought $75.8 million in one week

YEREVAN, February 1. /ARKA/. Armenia-based commercial banks bought a total of $75.8 million from the local foreign exchange intra-market from January 25 to 29 at the weighted average exchange rate of 487.13 drams per $1, the press service of the Central Bank of Armenia said.

It said also in the same time span they bought 5.4 million Euros and about 1.1 billion Russian rubles at weighted average exchange rates of 527.37 per one Euro and 6.11 drams per one ruble.

The banks also sold $91.4 million, €9.2 million and 527.2 million Russian rubles at the weighted average exchange rates of 489.05 drams, 532.63 drams and 6.2 drams respectively.

Besides, from January 18 to 24 the banks extended about 37.7 billion drams worth loans in the Armenian national currency and $37 million in the US currency. ($1 – AMD 488.75). –0—-

spot_img

POPULAR

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.

Euro and ruble rise against Armenian dram, while USD declines slightly

As of April 6, 2026, the average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market, decreased by 0.36 points from April 3, settling at 376.62 drams.

IDBank and Idram conducted financial literacy course for children in Lori region

IDBank and Idram have organized a financial literacy course for children residing in the village of Vahagni and nearby areas in the Lori region.

IDBank Participates in Regional Conference of the Union of Banks of Armenia, Presenting Innovative Tools for the SME Sector

IDBank took part in the regional conference “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region,” held in Vanadzor and organized by the Union of Banks of Armenia.

Armenia’s National Assembly Committee Approves Martin Galstyan’s Candidacy for Central Bank Governor

At its meeting on Monday, Armenia's Parliamentary Committee on Financial, Credit, and Budgetary Affairs approved Martin Galstyan's candidacy for the position of Central Bank Governor, nominated by the ruling Civil Contract faction.

LATEST NEWS

spot_imgspot_imgspot_img