Armenian banks bought $67 million at local forex market on September 5-9

YEREVAN, September 13. / ARKA /. Armenian commercial banks bought a total of $67 million at the local forex market on September 5-9 at the weighted average exchange rate of 473.78 drams per $1, the Central Bank said today.

They also bought a total of 5.8 million euros and 1.1 billion Russian rubles at the weighted average exchange rates of 529.35 drams and 7.3 drams respectively.

The banks also sold $79.1 million, 11.8 million euros and 471.7 million rubles at the weighted average exchange rates of 475.34 drams, 533.89 drams and 7.39 drams respectively.

In addition, from August 29 to September 4 the banks provided  40.1 billion drams worth loans in the national currency and $49.6 million worth loans in USD. ($ 1- 474.26 drams). — 0–

spot_img

POPULAR

New requirements for banks to manage risks of circumventing international sanctions come into effect in Armenia

YEREVAN, August 17. /ARКА/. As of August 12, 2026, new regulations for banks regarding the management of risks associated with evading international sanctions have been implemented in Armenia.

Shares of Noubar Afeyan’s Moderna soared 124% on news of a successful cancer vaccine trial

YEREVAN, August 20. /ARKA/. Shares of the biotech company Moderna soared 123.6% at the start of trading in the US on August 19, reaching a peak of $140.77, according to trading data. Shares of the pharmaceutical company Merck also rose 11.6% to $150.85, according to Forbes.ru.

US dollar, euro, and ruble drop against Armenian dram

YEREVAN, August 18. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market as of August 18, 2026, fell by 0.25 points to 365.25 drams compared to August 17.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 10-16)

YEREVAN, August 17. /ARKA/. Armenia's financial agenda last week focused on setting up payment and cryptocurrency infrastructure, capital market activity, and the parameters of the next stage of universal health insurance.

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

LATEST NEWS

spot_imgspot_imgspot_img