Banks bought $101.4 million from local forex market last week

YEREVAN, October 9. /ARKA/. Armenian commercial banks purchased about $101.4 million from the local inter-bank forex market at the weighted average exchange rate of 477.63 drams for $ 1, the press service of the Central Bank said.

It said they also bought 11.38 million euros and about 1.35 billion Russian rubles at the weighted average exchange rates of 560.24 drams for €1 and 8.23 ​​drams for 1 ruble, respectively. At the same time, they sold, about $107.1 million, €21 million and 598.8 million rubles at the weighted average exchange rates of 478.81 drams, 564.35 drams and 8.32 drams, respectively.

No transactions with USD were reported by NASDAQ OMX Armenia stock exchange during the reporting period.

Besides, from September 25 to October 1, the banks provided about 49.7 billion drams in loans in the national currency and $70.8 million in USD. ($ 1- 477.75 drams). -0-

spot_img

POPULAR

Ranking of the most profitable credit institutions in Armenia for the first 9 months of 2026

The ARKA news agency has published a ranking of Armenia’s most profitable credit organizations for the period from January to September 2026.

Business loan pre-approval in five minutes — what did Unibank showcase in Gyumri?

Unibank showcased its financing and card payment solutions for small and medium-sized enterprises at the “Banks and Business in Gyumri” expo, organised at the initiative of the Union of Banks of Armenia.

ARKA News Agency releases “Credit Organizations of Armenia” bulletin for Q3 2026

The ARKA news agency has released the latest issue of its quarterly financial and economic bulletin, "Credit Organizations of Armenia (Key Performance Indicators)," covering the third quarter of 2026.

acbaSplit: Acba Bank launches a new payment service

Acba Bank has launched "acbaSplit," a service that allows customers to make purchases of up to 5 million Armenian drams (AMD) with the option to pay in installments.

Capital of Armenian Credit Organizations Grows by 4.35% to 474.09 Billion Drams Over 9 Months

As of September 30, 2026, the aggregate capital of credit organizations in Armenia reached 474.09 billion drams, marking an increase of 1.49% for the third quarter and 4.35% since the beginning of the year.

LATEST NEWS

spot_imgspot_imgspot_img