Tue, 13 May
18.1 C
Yerevan
USD: 388.86 RUB: 4.80 EUR: 430.74 GEL: 141.89 GBP: 511.04
spot_img

Armenian Banks Buy $73.2 Million Between February 28-March 4 At Local Forex Market

YEREVAN, March 4, /ARKA/. Armenian commercial banks bought a total of $73.2 million between February 28-March 4 at the local forex market at the average exchange rate of 366.55 Drams per $1, the Central Bank of Armenia said.

In the same time span they sold a total of $77.1 million at the average weighted exchange rate of 367.79 Drams per $1.

The aggregate volume of deals in USD effected at NASDAQ OMX Armenia stock exchange in the same time span totaled $27.63 million at the average weighted exchange rate of 367.9 Drams per one USD. The volume of deals at inter-bank forex market totaled $1.87 million at the average exchange rate 367.18 Drams per $1.

Also on February 21-29 Armenian banks extended 22.5 billion Drams loans in the national currency and $48.6 million loans in USD. ($1 – 367.53 Drams). –0—

spot_img

POPULAR

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

US Dollar and Euro Exchange Rates Down Against Armenian Dram

As of May 2, 2025, the average market exchange rate for the U.S. dollar decreased by 0.53 points compared to April 30, landing at 389.41 drams.

Market capitalization increased by 39% in April over the year, exceeding AMD 462 billion – Armenian Stock Exchange

Stock market capitalization increased by 39% in April over the year, exceeding AMD 462 billion, the press service of the Armenia Securities Exchange (AMX) reported.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img