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Tag: week

Armenian banks bought $100.5 million from local forex market last week

Banks admin -
Seventeen Armenia-based commercial banks bought about $100.5 million at the local intrabank foreign currency market from December 10 to December 14 at the weighted average exchange rate of 484.44 drams for $1, the Central Bank reported

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

Armenian banks bought $79 million from local forex market last week

Banks admin -
Seventeen Armenia-based commercial banks bought about $79.3 million at the local intrabank foreign currency market from October 22 to October 27 at the weighted average exchange rate of 484.03 drams for $1, the Central Bank reported

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

Armenian banks bought about $80 million last week

Banks admin -
Seventeen Armenia-based commercial banks bought about $80.2 million from August 27 to August 31 at the local forex market at the weighted average rate of 482.06 drams for $1, the press service of the Central Bank reported

Armenian banks bought about $84.1 million last week from local forex market

Banks admin -
Seventeen Armenia-based commercial banks bought about $84.1 million from August 13 to August 17 at the local forex market at the weighted average rate of 482.21 drams for $1, the press service of the Central Bank reported

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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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