Armenian banks bought about $94 million last week

YEREVAN, June 27. / ARKA /. Armenia’s commercial banks bought a total of $93.9 million from the local foreign currency market on June 20- 24 at the average weighted exchange rate of 475.88 drams per one USD, the Central Bank said.

It said the banks also bought 12.1 million euros and 1.2 billion Russian rubles at the average weighted exchange rates of 536.01 and 7.34 drams per one euro and one ruble respectively.

The banks also sold about $68.1 million, € 11.3 million and 380.4 million rubles at average weighted exchange rates of 477.11, 538.07 and 7.43 drams respectively.

In addition, from June 13 to 19 May, the banks provided 36.7 billion drams worth loans in the national currency and $31.1 million worth loans in USD. ($ 1- 476.02 drams).  -0-

spot_img

POPULAR

30 years of trust, partnership, and shared values: Ameriabank CEO congratulates ARKA on its anniversary

Ameriabank CEO Artak Hanesyan congratulated ARKA News Agency on its 30th anniversary.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 18-24)

Last week, the Armenian financial market focused on bank restructuring mechanisms, the tax model for bank dividends, the regulatory agenda, comments from international financial institutions, and the development of financial literacy.

Learn while playing: Idram, IDBank, and Novosti-Armenia launch a series of financial literacy games

From now on, a special quiz for children will be published monthly as part of the new "Games" section on the Newsarmenia.am website.

About 10% of Armenia’s dram-denominated government debt is held by international institutional players: Central Bank Governor

Institutional players are entering the dram-denominated government debt market in Armenia, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Exchange rates of the euro and dollar against the Armenian dram have increased, the ruble has fallen – data from the Central Bank of...

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market on May 25, 2026, increased by 0.04 points compared to May 24 to 368.01 drams.

LATEST NEWS

spot_imgspot_imgspot_img