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

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 21, 2026, increased by 0.75 points compared to July 20, reaching 366.68 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 13–19)

YEREVAN, July 20. /ARKA/. Key events of the past...

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.

Ranking of the Most Profitable Armenian Banks for the First Quarter of 2026

ARKA News Agency has published a ranking of the most profitable Armenian banks for the first half of 2026.

“Golden Crown” has restricted money transfers from Russia to Armenia and several other countries

The "Golden Crown" payment system has restricted money transfers from Russia to Armenia, Georgia, Kazakhstan, and several other countries following the imposition of new EU sanctions, Russian media report.

LATEST NEWS

spot_imgspot_imgspot_img