Around $89.4 million bought by Armenian banks last week

YEREVAN, July 23. /ARKA/. Armenia’s commercial banks bought around $89.4 million from the local foreign currency market on June 16 to 20 at the average weighted exchange rate of 479.91 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 12.4 million euros and 1 513.4 million Russian rubles at the average weighted exchange rates of 558.06 and 7.61 drams per one euro and one ruble respectively.

The banks also sold about $99.3 million, € 16.9 million and 619.6 million rubles at average weighted exchange rates of 481.09, 561.91 and 7.70 drams respectively.

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

In addition, from July 9 to 15, the banks have provided 67.4 billion drams worth loans in the national currency and $30.8 million worth loans in USD. ($ 1- AMD 480.62 drams). -0—-

spot_img

POPULAR

EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year

The EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year.

Central Bank of Armenia: Sustainable and Sustainability-Linked Bond Market in Early Stages of Development

In its 2025 Sustainability Report, the Central Bank of Armenia notes that the sustainable and sustainability-linked bond market in the country is in its early stages of development.

Let’s Talk Smart About Money: Armenia to Host Global Money Week 2026

The international information campaign "Global Money Week 2026" (GMW2026) will be held in Armenia from March 16 to 22, 2026.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 2–8)

The past week in the Armenian financial market was marked by the publication of macroeconomic data, capital market activity, and the continued regulatory adjustment of the payment infrastructure.

EBRD stands ready to support Armenia in implementing reforms and programs

YEREVAN, March 10. /ARKA/. The European Bank for Reconstruction...

LATEST NEWS

spot_imgspot_imgspot_img