Armenian Commercial Banks Buy $81.5 Million At Forex Market December 6-10

YEREVAN, December 10, /ARKA/. Armenian commercial banks bought a total of $81.5 million аt the local forex market on December 6-10 at an average weighted exchange rate of 359.41 Drams per one USD, the Central Bank’s press service said today.

It said a total of $80.7 million were sold at the forex market in the same time span at an average exchanger ate of 360.53 Drams per one USD. Also the volume of transactions in USD effected at NASDAQ OMX Armenia stock exchange totaled $10.5 million. The average exchange rate of transactions was 359.87 Drams per one USD. Also $.5.1 million were sold and bought between banks at 360.13 Drams per one USD.

Besides, Armenian banks extended 19.4 billion Drams worth loans on November 29-December 5 and also loans in USD worth $35.9 million. ($1 – 359.93 Drams). –0–

spot_img

POPULAR

Armenia and Georgia aim for instant payments and unified QR codes: new steps in fintech integration

Armenia and Georgia are exploring deeper cooperation in financial technology, including synchronizing instant payment systems, simplifying bank account opening, and implementing unified QR codes, announced by Varlam Ebanoidze, Head of the Financial and Supervisory Technologies Development Department at the National Bank of Georgia.

“A friend” needs money urgently. IDBank warns that trust can be exploited on social media

In Armenia, the fraud scheme based on trust in relatives continues to remain widely spread. Fraudsters exploit users’ care and willingness to help those in danger.

Unibank Awarded Client Protection Certification by MFR

Unibank has been awarded the Client Protection Certification by MFR, a global rating agency, providing assessments, data and technical expertise for the sustainable finance industry.

The Power of One Dram April Beneficiary: Davitbek Games NGO

The beneficiary of “The Power of One Dram” initiative for April is “Davitbek Games” NGO.

Euro and dollar depreciated against the Armenian dram, while the ruble rose slightly: 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 April 9, 2026, fell by 0.26 points compared to April 8, to 376.06 drams.

LATEST NEWS

spot_imgspot_imgspot_img