Armenian banks bought $65.7 million at local forex market

YEREVAN, April 18. / ARKA /. Armenian commercial banks bought a total of $65.7 million at the local forex market from 11 to 15 April at the weighted average exchange rate of 482.58 drams per $1, the Central Bank reported.

They also bought 5.9 million euros and about 835.8 million Russian rubles at weighted average rates of 544.85 and 7.21 drams respectively.

At the same time, they sold about $59.7 million, €9.7 million and about 399.9 million Russian rubles at the weighted average exchange rates of 484.18, 551.57 and 7.33 drams respectively.

In addition, from 4 to 10 April Armenian banks provided 44.6 billion drams worth loans in the national currency and also  $72.8 million  worth loans in USD.($ 1- 482.36 drams). -0-

spot_img

POPULAR

IDBank issued the 4th and 5th tranches of bonds of 2026

On June 12, 2026, IDBank placed registered coupon bonds through a public offering on the following terms:

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 15, 2026, fell by 0.12 points compared to June 12, to 368.06 drams.

”Do not trust your eyes’’: IDBank warns about fraud using deepfakes

A new, extremely dangerous type of fraud has spread in Armenia, in which fraudsters use artificial intelligence to copy the appearance and voice of your relatives, friends, or colleagues.

Pashinyan: Income tax refund program for mortgages will not be extended in regions adjacent to Yerevan from 2027

The Armenian government does not intend to extend the income tax refund program for mortgage interest repayments in the regions adjacent to Yerevan, RA Prime Minister Nikol Pashinyan announced.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 8-14)

The week in Armenia's financial market was influenced by decisions by international financial institutions, currency dynamics, capital market data, and the debt agenda.

LATEST NEWS

spot_imgspot_imgspot_img