$44.2 million bought by Armenian banks in one week

YEREVAN, February 15. /ARKA/. Armenia-based commercial banks bought a total of $44.2 million from the local foreign exchange intra-market from February 8 to 12 at the weighted average exchange rate of 493.8 drams per $1, the press service of the Central Bank of Armenia said.

It said also in the same time span they bought 5 million Euros and about 803.65 million Russian rubles at weighted average exchange rates of 551.81 per one Euro and 6.3 drams per one ruble.

The banks also sold $65 million, €7.9 million and 566.7 million Russian rubles at the weighted average exchange rates of 496.24 drams, 558.49 drams and 6.41 drams respectively.

Besides, from February 1 to 7 the banks extended about 32 billion drams worth loans in the Armenian national currency and $77.6 million in the US currency. ($1 – AMD 496.05). –0—-

spot_img

POPULAR

Unibank provided cashback to more than 2 000 reliable SME borrowers

In the first quarter of 2026, Unibank’s SME loan portfolio increased by 28% compared to the same period last year.

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

“Cannot deliver your package”. IDBank warns about fake messages from ‘’HayPost’’

In Armenia, a wave of mass messages is being recorded that exploit trust in the national postal operator HayPost. Attackers use the expectation of the package as a fake reason to steal banking data or install spyware on users’ smartphones.

Armenian Audit Firm Revenue Increased by 18% to AMD 16.2 Billion in 2025

At the end of 2025, the total revenue of audit firms (a combination of audit and other services) in Armenia amounted to approximately AMD 16.2 billion, representing an increase of approximately 18% compared to the previous year.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 11, 2026, decreased by 0.05 points compared to May 8, to 368.96 drams.

LATEST NEWS

spot_imgspot_imgspot_img