Around $94.1 million bought by Armenian banks last week

YEREVAN, August 7. /ARKA/. Armenia’s commercial banks bought around $94.1 million from the local foreign currency market on July 28 to August 4 at the average weighted exchange rate of 477.84 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 12 million euros and 1.3 billion Russian rubles at the average weighted exchange rates of 560.73 and 7.91 drams per one euro and one ruble respectively.

The banks also sold about $86.47 million, € 14.5 million and 510.8 million rubles at average weighted exchange rates of 479.25, 566.85 and 8 drams respectively.

No dollar exchange transactions have been effected at NASDAQ OMX Armenia stock exchange over the mentioned period.

In addition, from July 24 to 30, the banks provided 38.7 billion drams worth loans in the national currency and $56 million worth loans in USD. ($ 1- AMD 478.77 drams). –0—-

spot_img

POPULAR

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

The average market exchange rate for the US dollar against the Armenian dram on July 24, 2026, fell by 0.08 points compared to July 23, to 365.87 drams.

Armenian banks’ loan portfolio exceeded AMD 8.56 trillion in the second quarter, representing a 23.56% year-on-year increase

The total loan portfolio of Armenian banks as of June 30, 2026, exceeded AMD 8.56 trillion, representing a 23.56% increase compared to June 30, 2025, and a 6.8% increase compared to March 31, 2026.

World Bank forecast inflation in Armenia at 4.6% in 2026: key factors identified

The World Bank forecasts inflation in Armenia at 4.6% by the end of 2026, up from 3.3% a year earlier, said Armine Manukyan, Senior Economist at the World Bank.

How much do Armenian banks transfer to the budget for every dram of profit? Armbanks ranking

In the first half of 2026, 17 commercial banks in Armenia transferred 116.16 billion drams in tax and customs payments to the state budget.

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.

LATEST NEWS

spot_imgspot_imgspot_img