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Tag: FOREIGN CURRENCY MARKET

Around $109.3 million bought by Armenian banks last week

Banks admin -
Armenia’s commercial banks bought around $109.3 million from the local foreign currency market on November 26 to 30 at the average weighted exchange rate of 484.28 drams per one USD, the Central Bank of Armenia reported on Monday

Around $88.2 million bought by Armenian banks last week

Banks admin -
Armenia’s commercial banks bought around $88.2 million from the local foreign currency market on November 12 to 16 at the average weighted exchange rate of 486.95 drams per one USD, the Central Bank of Armenia reported on Monday

Around $89.6 million bought by Armenian banks last week

Banks admin -
Armenia’s commercial banks bought around $86.8 million from the local foreign currency market on October 29 to November 3 at the average weighted exchange rate of 487.18 drams per one USD

Around $86.8 million bought by Armenian banks last week

Banks admin -
Armenia’s commercial banks bought around $86.8 million from the local foreign currency market on October 1 to 5 at the average weighted exchange rate of 485.58 drams per one USD, the Central Bank of Armenia reported on Monday

Around $99.3 million bought by Armenian banks last week

Banks admin -
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

Around $93.8 million bought by Armenian banks last week

Banks admin -
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

Around $82.7 million bought by Armenian banks last week

Banks admin -
Armenia’s commercial banks bought around $82.7 million from the local foreign currency market on September 17 to 20 at the average weighted exchange rate of 483.11 drams per one USD

Around $87 million bought by Armenian banks last week

Banks admin -
Armenia’s commercial banks bought around $87 million from the local foreign currency market on September 10 to 14 at the average weighted exchange rate of 484.47 drams per one USD, the Central Bank of Armenia reported on Monday

Around $95.8 million bought by Armenian banks last week

Banks admin -
Armenia’s commercial banks bought around $95.8 million from the local foreign currency market on July 30 to August 3 at the average weighted exchange rate of 480.33 drams per one USD, the Central Bank of Armenia reported on Monday

Around $89.4 million bought by Armenian banks last week

Banks admin -
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

Around $87.6 million bought by Armenian banks last week

Banks admin -
Armenia’s commercial banks bought around $87.6 million from the local foreign currency market on July 2 to 6 at the average weighted exchange rate of 481.43 drams per one USD, the Central Bank of Armenia reported on Monday

Around $65 million bought by Armenian banks last week

Banks admin -
Armenia’s commercial banks bought around $65 million from the local foreign currency market on July 2 to 6 at the average weighted exchange rate of 482.08 drams per one USD, the Central Bank of Armenia reported on Monday

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US dollar rate down 0.35 points to 397.92 drams

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The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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