Armenian banks bought $64 million at local intra-bank forex market last week

YEREVAN, May 24. / ARKA /. Armenian banks bought a total of $64 million from the local intra-bank forex market from May 16 to May 20 at the average weighted exchange rate of 477.36 drams per $1,  he Central Bank said.

They also bought 6.5 million euros and about 833.4 million Russian rubles at the weighted average exchange rates of 536.85 per one euro and 7.27 drams per one ruble respectively.

At the same period, they sold about $60.7 million, 13.6 million euros and about 399 million Russian rubles at the average weighted exchange rates of 479.27, 541.58 and 7.37 drams  per one USD, one euro and one ruble respectively.

In addition, from May 9 to May 15, the banks provided about 32.6 billion drams worth loans in the Armenian currency and $37.4 million worth loans in US dollars. ($ 1- 477.63 drams). –0—-

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 5, 2026, decreased by 0.34 points compared to April 30, to 370.44 drams.

Central Bank of Armenia maintains the refinancing rate at 6.5%

At its meeting on Tuesday, the Central Bank's Board left the refinancing rate unchanged for the fourth consecutive time at 6.5%, the regulator's press service reported.

The risk premium on Armenian Eurobonds has decreased from 400 to 190 basis points: Central Bank Governor

The risk premium on Armenian Eurobonds has decreased significantly, from 400 to 190 basis points, stated Martin Galstyan, Governor of the Central Bank of Armenia.

Armenia’s loan portfolio has grown by approximately 20% annually for the past three years: Central Bank Governor

Armenia's loan portfolio has grown by approximately 20% annually for the past three years, Central Bank Governor Martin Galstyan announced at a parliamentary session on Tuesday.

Net inflow of remittances to Armenia from abroad increased by approximately 3.2 times in the first quarter

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $458.2 million in January-March 2026, compared to $143.7 million in January-March 2025, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img