Armenian banks bought a total of $69.9 million at local inter-bank forex market from February 13 to February 17

YEREVAN, February 21. /ARKA/. Armenian banks bought a total of $69.9 million at the local inter-bank forex market in a time span from February 13 to February 17 at the weighted average exchange rate of 485.82 drams per one USD, the Central Bank reported today.

It said the banks bought also 7.2 million euros and about 797.09 million Russian rubles at the weighted average exchange rates of 514.69 drams per € 1 and 8.39 drams per 1 ruble respectively.

In the same time span the banks sold about $83.8 million, 10.1 million euros and 487.2 million Russian rubles at the weighted average exchange rates of 487.37, 518.69 and 8.46 drams per one USD, one euro and one ruble respectively.

One transaction with US dollars worth $400,000 was effected in the same time span at NASDAQ OMX Armenia stock exchange at the weighted average exchange rate of 487 drams per one USD.

Besides, from February 6 to February 12 the local banks provided about 44.9 billion drams worth loans in the Armenian national currency and $41.1 million worth loans in USD. ($ 1- 486.74 drams). -0-

spot_img

POPULAR

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

Armenian dram strengthens against US dollar and weakens against euro and ruble

YEREVAN, August 21. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market on August 21, 2026, fell by 0.1 point to 365.16 drams compared to August 20.

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

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.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

LATEST NEWS

spot_imgspot_imgspot_img