Over $94.4 million bought by Armenian banks last week

YEREVAN, August 22. /ARKA/. Armenia’s commercial banks bought more than $94.4 million from the local foreign currency market on August 15 to 19 at the average weighted exchange rate of 474.93 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 6.1 million euros and 1.3 billion Russian rubles at the average weighted exchange rates of 531.54 and 7.36 drams per one euro and one ruble respectively.

The banks also sold about $69.2 million, € 10 million and 376.7 million rubles at average weighted exchange rates of 476.13, 535.42 and 7.48 drams respectively.

In addition, from August 8 to 14, the banks provided 31.7 billion drams worth loans in the national currency and $39.9 million worth loans in USD. ($ 1- 474.69 drams).  —0—-

spot_img

POPULAR

Yerevan’s budget revenue exceeded its target by 7.2% in the first quarter: Municipality

In the first quarter of 2026, Yerevan's budget actually received 22.3 billion drams, compared to its planned revenue of 20.8 billion drams, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Unibank Launches Referral Campaign “Invite Friends and Get Bonuses”

Unibank announces the launch of the “Invite Friends and Get Bonuses” campaign, designed for cardholders within the salary program.

Unibank Awarded Client Protection Certification by MFR

Unibank has been awarded the Client Protection Certification by MFR, a global rating agency, providing assessments, data and technical expertise for the sustainable finance industry.

Euro and dollar depreciated against the Armenian dram, while the ruble rose slightly: 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 April 9, 2026, fell by 0.26 points compared to April 8, to 376.06 drams.

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.

LATEST NEWS

spot_imgspot_imgspot_img