Around $93.8 million bought by Armenian banks last week

YEREVAN, October 1. /ARKA/. Armenia’s commercial banks bought around $93.8 million from the local foreign currency market on September 24 to 28 at the average weighted exchange rate of 481.45 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 13.1 million euros and 1 757.5 million Russian rubles at the average weighted exchange rates of 563.16 and 7.26 drams per one euro and one ruble respectively.

The banks also sold about $128.3 million, € 20.3 million and 632.7 million rubles at average weighted exchange rates of 482.61, 567.06 and 7.36 drams respectively.

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

In addition, from September 17 to 23, the banks have provided 59.6 billion drams worth loans in the national currency and $56.1 million worth loans in USD. ($ 1- AMD 482.71 drams). –0—-

spot_img

POPULAR

Central Bank of Armenia estimated “unexpected losses of banks” under a three-year stress scenario at 185 billion drams

Unexpected losses of the Armenian banking system on the horizon of three-year stress testing at the Central Bank are estimated at about 2% of risk-weighted assets, or about 185 billion drams, said Martin Galstyan, Chairman of the Central Bank of Armenia, presenting the financial stability report for 2025.

An unforgettable day instead of toys: June 1st guide from Idram&IDBank

June 1st, International Children’s Day, is approaching – a perfect occasion to remind everyone about the importance of children’s rights and their well-being.

Central Bank of Armenia expects inflation to return to the target level in the medium term

The Central Bank of Armenia expects inflation to return to the target level in the medium term, said Central Bank Chairman Martin Galstyan, answering a question from the ARKA news agency.

Central Bank of Armenia is concerned about the outpacing growth of lending and urges banks to exercise caution

The Central Bank of Armenia considers it important for commercial banks to exercise caution when providing new loans amid the outpacing growth of lending compared to revenues, stated Central Bank Chairman Martin Galstyan.

Exchange rates of the euro and dollar against the Armenian dram have increased, the ruble has fallen – data from the Central Bank of...

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market on May 25, 2026, increased by 0.04 points compared to May 24 to 368.01 drams.

LATEST NEWS

spot_imgspot_imgspot_img