Around $126.6 million bought by Armenian banks last week

YEREVAN, December 18. /ARKA/. Armenia’s commercial banks bought around $126.6 million from the local foreign currency market on December 4 to 8 at the average weighted exchange rate of 482.75 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 19.27 million euros and 1.45 billion Russian rubles at the average weighted exchange rates of 568.23 and 8.15 drams per one euro and one ruble respectively.

The banks also sold about $120.5 million, € 24.5 million and 746.1 million rubles at average weighted exchange rates of 484.21, 570.46 and 8.24 drams respectively.

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

In addition, from December 4 to 10, the banks provided 55.7 billion drams worth loans in the national currency and $119.5 million worth loans in USD. ($ 1- AMD 482.36 drams). –0—-

spot_img

POPULAR

Armenia’s risk premium increased amid events in the Middle East – Galstyan

The risk premium in Armenia has increased slightly due to events in the Middle East, although not as much as in other countries in the region and beyond, stated Martin Galstyan, head of the Central Bank of Armenia.

Head of the Central Bank of Armenia explained the cause of February’s inflation

Inflation has components driven by supply and demand factors.

EDB: Cross-border remittance inflow to Armenia increased to $5.9 billion in 2025, net inflow by 8.6%

Cross-border remittance inflow to Armenia increased by 2.4% year-on-year in 2025, reaching $5.9 billion, according to the Eurasian Development Bank's March macroeconomic review.

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

LATEST NEWS

spot_imgspot_imgspot_img