Around $79 million bought by Armenian banks last week

YEREVAN, November 27. /ARKA/. Armenia’s commercial banks bought around $79 million from the local foreign currency market on November 20 to 24 at the average weighted exchange rate of 483.21 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 8.4 million euros and 1.47 billion Russian rubles at the average weighted exchange rates of 568.63 and 8.14 drams per one euro and one ruble respectively.

The banks also sold about $89.9 million, € 15.3 million and 485.38 million rubles at average weighted exchange rates of 484.83, 571.83 and 8.25 drams respectively.

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

In addition, from November 13 to 19, the banks provided 43.6 billion drams worth loans in the national currency and $35.9 million worth loans in USD. ($ 1- AMD 483.99 drams). –0—-

spot_img

POPULAR

Pashinyan: Armenian citizens received 95 billion drams in income tax refunds in 2025, and 78.6 billion drams in 2026

In 2025, Armenian citizens received 95 billion drams (approximately $263 million) in income tax refunds on mortgage loans, and 78.6 billion drams since the beginning of 2026.

Central Bank of Armenia warned of a new fraudulent scheme involving forged powers of attorney and certificates

The Central Bank of Armenia is warning citizens about the increasing incidence of fraud using forged documents allegedly issued by the regulator.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 26 – November 1)

The financial agenda for the week included a review of bank capital requirements, preparation of a framework for thematic bonds, and the development of a digital financial services infrastructure.

Central Bank of Armenia increased the countercyclical capital buffer for banks to 2.25%

The Board of the Central Bank of Armenia has decided to increase the countercyclical capital buffer for banks by 0.25 percentage points, setting it at 2.25% of risk-weighted assets.

Dollar and ruble exchange rates rose, while the euro continued to decline: Central Bank of Armenia

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.05 points on October 27, 2026, compared to October 26, 2026, to 360.93 drams.

LATEST NEWS

spot_imgspot_imgspot_img