Around $105.2 million bought by Armenian banks last week

YEREVAN, February 12. /ARKA/. Armenia’s commercial banks bought around $105.2 million from the local foreign currency market on February 5 to 9 at the average weighted exchange rate of 481.43 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 8.7 million euros and 730 million Russian rubles at the average weighted exchange rates of 594 and 8.41 drams per one euro and one ruble respectively.

The banks also sold about $69.2 million, € 18.5 million and 572.1 million rubles at average weighted exchange rates of 482.8, 598.65 and 8.0 drams respectively.

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

In addition, from January 29 to February 4, the banks have provided 59.4 billion drams worth loans in the national currency and $86.9 million worth loans in USD. ($ 1- AMD 483.11 drams). –0—-

spot_img

POPULAR

Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

VTB (Armenia) Expands Payment Options for Russian Tourists

Ahead of the tourist season, VTB (Armenia) is strengthening its acquiring infrastructure, expanding its network and introducing digital payment solutions.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

Euro and US dollar drop against Armenian dram, while ruble rises

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 20, 2026, decreased by 0.49 points compared to April 18, to 372.85 drams.

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

LATEST NEWS

spot_imgspot_imgspot_img