Around $99.3 million bought by Armenian banks last week

YEREVAN, October 8. /ARKA/. Armenia’s commercial banks bought around $99.3 million from the local foreign currency market on October 1 to 5 at the average weighted exchange rate of 483.28 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 9.18 million euros and 1 930.6 million Russian rubles at the average weighted exchange rates of 557.08 and 7.32 drams per one euro and one ruble respectively.

The banks also sold about $109.3 million, € 33.6 million and 762.5 million rubles at average weighted exchange rates of 484.72, 560.53 and 7.43 drams respectively.

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

In addition, from September 24 to 30, the banks have provided 66 billion drams worth loans in the national currency and $73.1 million worth loans in USD. ($ 1- AMD 485.51 drams). -0—-

spot_img

POPULAR

Moody’s Ratings affirms Unibank’s B1 ratings with a stable outlook

Moody's Ratings affirmed Unibank B1 long-term local and foreign currency bank deposit ratings and maintained the stable outlook.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 15, 2026, fell by 0.12 points compared to June 12, to 368.06 drams.

Central Bank of Armenia does not expect a significant inflationary effect from the increase in excise taxes

Raising excise taxes on certain goods will not lead to significant inflationary consequences in Armenia, according to Central Bank Chairman Martin Galstyan.

Core inflation in Armenia rose to 5% and continues its upward trend – WB

Core inflation in Armenia rose to 5% (y/y) in May, exceeding the headline inflation rate and continuing its upward trend, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

Up to 30% idcoin at pools: Idram&IDBank

From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town.

LATEST NEWS

spot_imgspot_imgspot_img