Thu, 26 February
10.1 C
Yerevan
USD: 376.92 RUB: 4.92 EUR: 444.01 GEL: 140.90 GBP: 509.29

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

“Globbing” LLC’s bonds worth 1.5 billion drams and $2 million have been listed on Armenia Securities Exchange (AMX)

The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets.

The credit and leasing portfolio of Armenian credit institutions in 2025 amounted to 659.7 billion drams

The total credit and leasing portfolio of Armenian credit institutions as of December 31, 2025, amounted to 659.7 billion drams, an increase of 13.96% compared to the same period in 2024.

Ranking of most profitable credit institutions in Armenia by the end of 2025

ARKA News Agency has published a ranking of the most profitable credit institutions in Armenia for 2025.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 20, 2026, fell by 0.12 points compared to February 19, to 376.82 drams.

Acba Bank Group Develops a Transparent Management System

Acba Bank Group continues large-scale reforms of its corporate governance culture to improve management efficiency, transparency, and accountability.

LATEST NEWS

spot_imgspot_imgspot_img