Armenian banks bought $66.5 million from local forex market

YEREVAN, September 10 / ARKA /. Seventeen Armenia-based commercial banks bought about $66.5 million from September 3 to September 7 at the local forex market at the weighted average rate of 483.24 drams for $1, the press service of the Central Bank reported.

It said also the banks bought 13.4 million euros and about 1.303.1 billion Russian rubles at the weighted average rate of 560.15 drams for €1 and 7.06 drams for 1 ruble, respectively.

At the same time, they sold about $91.8 million, €17.3 million and 749 million Russian rubles at the weighted average rate of 484.61 drams, 563.54 drams and 7.14 drams, respectively.

Besides, from August 27 to September 2, the banks provided about 79.6 billion dram worth loans in the Armenian national currency and about $39.5 million worth loans in USD. ($ 1- 482.16 drams). -0-

spot_img

POPULAR

25 years ago, three friends founded company PROFAL

25 years ago, three friends decided to establish the company PROFAL, which today stands as a leader in the production of aluminum doors, windows, and glass structures.

Euro, dollar, and ruble exchange rates fell against the Armenian dram, according to the Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, decreased by 0.06 points to 360.34 drams on November 6, 2026, compared to November 5.

Ranking of Armenia’s Largest Credit Organizations by Assets as of September 30, 2026

The ARKA agency has published a ranking of Armenia’s largest credit organizations by asset volume as of September 30, 2026.

Euro and US dollar exchange rates rise against the Armenian dram; ruble falls – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, as recorded in Armenia’s foreign exchange market on November 9, 2026, increased by 0.09 points compared to November 6, reaching 360.34 drams.

Acba Bank’s Sustainability Report Presented at COP17

At COP17, Acba Bank presented its Sustainability Report to Armenian and international guests. It outlines the bank's priority areas and the steps it is taking towards sustainable development.

LATEST NEWS

spot_imgspot_imgspot_img