Around $71.3 million bought by Armenian banks last week

YEREVAN, November 13. /ARKA/. Armenia’s commercial banks bought around $71.3 million from the local foreign currency market on November 6 to 10 at the average weighted exchange rate of 485.33 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 8.3 million euros and 1 billion Russian rubles at the average weighted exchange rates of 562.12 and 8.20 drams per one euro and one ruble respectively.

The banks also sold about $80.8 million, € 14.8 million and 638.8 million rubles at average weighted exchange rates of 487.19, 565.99 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 October 30 to November 5, the banks provided 67.5 billion drams worth loans in the national currency and $45.2 million worth loans in USD. ($ 1- AMD 487.29 drams). -0—-

spot_img

POPULAR

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

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.06 points on September 9, 2026, compared to September 8, to 363.58 drams.

Why Armenia’s capital market remains bank-driven: 5 insights from Landmark Capital’s CEO 

Gor Gevorgyan assesses Armenia's economy as growing, the country has significant private capital, and the infrastructure and legislative framework for market development as sufficient.

Unibank’s Renamed “Tumanyan” Branch Opens at a New Location

Unibank’s branch, previously located in the Moscow Cinema building, has moved to a new location and has been renamed "Tumanyan."

Central Bank of Armenia has identified a key principle for regulating crypto assets based on risks

The Central Bank of Armenia adheres to the "same risk, same regulation" principle when regulating digital and virtual assets, Central Bank Deputy Chairman Hovhannes Khachatryan stated on Friday at the 4Future Banking forum in Yerevan.

AMX held government bond placement and exchange auctions totaling approximately 38 billion drams

Yesterday, the Armenia Securities Exchange held a government bond placement auction totaling 35 billion drams and exchange auctions totaling over 2.9 billion drams.

LATEST NEWS

spot_imgspot_imgspot_img