Mon, 12 January
-6.9 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

Armenian commercial banks buy $95 million at local foreign currency market December 20-24

YEREVAN, December 24, /ARKA/. Armenian commercial banks bought a total of $95 million at local foreign exchange market from December 20 to December 24 at an average weighted exchange rate of 359.19 Drams per one USD, the Central Bank of Armenia said.

In the same time span they sold a total of $105.3 million at 360.3 Drams per one USD. Also some $8.95 million worth deals in US Dollars were effected at NASDAQ OMX Armenia stock exchange .

The volume of deals at inter-bank forex market was $2.05 million. The deals were effected at an average weighted exchange rate of 360.49 Drams per $1.

Besides, from December 13 to December 16 Armenian commercial banks extended 24 billion Drams loans in Armenia’s national currency and $56.8 million loans in US Dollars. ($1 – 360.84 Drams). -0-

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Euro  falls against Armenian dram by 3.02 points

The average market exchange rate of the US dollar to the Armenian dram on January 5, 2026, increased by 0.19 points compared to December 30, 2025, to 381.55 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img