Armenian banks bought $67 million last week

YEREVAN, August 13. /ARKA/. Seventeen Armenia-based commercial banks bought about $67 million from August 6 to August 10 at the local forex market at the weighted average rate of 481 drams for $1, the press service of the Central Bank reported.

It said also the banks bought 12.4 million euros and about 1.506.2 billion Russian rubles at the weighted average rate of 555.33 drams for €1 and 7.44 drams for 1 ruble, respectively.

At the same time, they sold about $74.7 million, €23.8 million and 715.5 million Russian rubles at the weighted average rate of 482.42 drams, 558.98 drams and 7.5 drams, respectively.

Besides, from July 30 to August 5, the banks provided about 63.6 billion dram worth in loans in the Armenian national currency and about $44.5 million worth loans in USD. ($ 1- 482.16 drams). -0-

spot_img

POPULAR

Exchange rates of the euro, dollar, and ruble against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's foreign exchange market fell by 0.3 points on October 14, 2026, compared to October 13, settling at 361.43 drams.

Euro and US dollar exchange rates against the Armenian dram have fallen, while the ruble has risen: Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 19, 2026, decreased by 0.98 points compared to October 16, settling at 361.36 drams.

Armenia’s Prime Minister Proposes Developing Stock Exchange Listings for the Country’s Mining Companies

Prime Minister of Armenia Nikol Pashinyan thinks that the mining sector should take the lead in developing institutions of public share ownership in the country, including through the listing of companies on stock exchanges.

Ranking of Armenia’s Largest Banks by Asset Volume for the First 9 Months of 2026

The ARKA news agency has published a ranking of Armenia’s largest banks by total assets as of September 30, 2026.

Armenian banks’ profit grew by 8.6% to 334.4 billion drams over 9 months

The aggregate after-tax profit of Armenian banks for the period from January to September 2026 reached 334.44 billion drams, compared to 307.87 billion drams for the same period in 2025.

LATEST NEWS

spot_imgspot_imgspot_img