Around $73.28 million bought by Armenian banks last week

YEREVAN, September 25. /ARKA/. Armenia’s commercial banks bought around $73.28 million from the local foreign currency market on Septemebr 19 to 23 at the average weighted exchange rate of 477.40 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 10.1 million euros and 1.46 billion Russian rubles at the average weighted exchange rates of 570.18 and 8.21 drams per one euro and one ruble respectively.

The banks also sold about $80.4 million, € 12.7 million and 423.4 million rubles at average weighted exchange rates of 478.90, 574.78 and 8.31 drams respectively.

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

In addition, from September 11 to 17, the banks provided 45.2 billion drams worth loans in the national currency and $56.9 million worth loans in USD. ($ 1- AMD 477.88 drams). –0—-

spot_img

POPULAR

Fitch Expects Central Bank of Armenia to Raise Refinancing Rate

International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 15, 2026, rose by 0.51 points compared to July 14, reaching 367.25 drams.

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.

LATEST NEWS

spot_imgspot_imgspot_img