Tue, 10 March
-5.9 C
Yerevan
USD: 377.29 RUB: 4.82 EUR: 436.15 GEL: 137.62 GBP: 503.49

Commercial banks buy $53.8 million at intra-bank market

YEREVAN, November 27, /ARKA/. Armenian commercial banks bought $53.8 million at intra-bank forex market in a time span between November 23-27, at the average weighted exchange rate of 385.94 Drams per one $1, the Central Bank of Armenia said.

It said a total of $59.1 million were sold in the same time span at 387.17 Drams per one US Dollar.

In the inter-bank forex market $400,000 worth deals were concluded at 386 Drams per one US Dollar.

The aggregate volume of deals in US Dollars effected at NASDAQ OMX Armenia between November 23-27 totaled $16.3 million at average weighted exchange rate of 386.01 Drams per $1.

Besides, from November 16 to 22 Armenian commercial banks extended 12.6 billion Drams and $25.6 million credits. ($1 – 386 Drams). -0-

spot_img

POPULAR

Byblos Bank Armenia introduces the Mastercard World card

Byblos Bank Armenia has introduced its new Mastercard World card, offering numerous benefits both in Armenia and abroad.

Mopeds, tricycles, and ATVs in Armenia will be included in the compulsory motor third-party liability insurance (CMTPL) system

At its session on Wednesday, the National Assembly of Armenia adopted amendments to the law "On Compulsory Liability Insurance Arising from the Use of Motor Vehicles" in the first reading.

The average exchange rate of the Armenian dram to the US dollar in February was 4.5% lower than a year ago

In February 2026, the average exchange rate of the Armenian dram to the US dollar was 377.6 drams (395.6 drams in February 2025).

Komitas Park Improvement: Acba Bank’s Gift to Yerevan on the Bank’s 30th Anniversary

Komitas Park will be improved in collaboration between Acba Bank and the Yerevan Municipality.

Market capitalization increased by 6.53% in February, reaching 478 billion drams – Armenia Securities Exchange

YEREVAN, March 6. /ARKA/. Equity market capitalization increased by...

LATEST NEWS

spot_imgspot_imgspot_img