Armenian commercial banks buy $61 million at l intra-bank foreign exchange market on March 21-25

YEREVAN, March 25. / ARKA /. Armenian commercial banks bought about $61 million at the local intra-bank foreign exchange market on March 21-25 at the average exchange rate of 368.39 Drams per $1, the Central Bank of Armenia told ARKA. In the same time span the banks sold about $68.6 million at

369.86 Drams per $1. The combined amount of deals in USD at NASDAQ OMX Armenia stock exchange totaled $13.92 million. The deals were effected at average weighted exchange rate of 368.32 Drams per $1. The volume of Dollar sales and purchase deals at inter-bank market totaled $500,000. The average exchange rate was 368.6 Drams per $1. On March 14-20 Armenian banks extended 20.1 billion Drams worth loans in the national currency and $50 million in USD. ($1 – 367.89 Drams). -0-

spot_img

POPULAR

Cube Invest contributes to the development of Armenian investment market

At the initiative of leading investment company Cube Invest, the first-ever "INVESTMENT PERSPECTIVES 2026" conference was held, bringing together leading financial and banking experts, high-ranking representatives of government agencies and organizations, investors, and entrepreneurs.

Central Bank of Armenia raised its interest rate for the first time in over three years, to 6.75%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points to 6.75%.

Central Bank of Armenia has identified a key principle for regulating crypto assets based on risks

The Central Bank of Armenia adheres to the "same risk, same regulation" principle when regulating digital and virtual assets, Central Bank Deputy Chairman Hovhannes Khachatryan stated on Friday at the 4Future Banking forum in Yerevan.

Deposits in Armenian commercial banks at the end of July amounted to approximately 8.3 trillion drams

Deposits in commercial banks in Armenia at the end of July 2026 amounted to 8,289,634 million drams, compared to 8,070,715 million drams in June. This is according to data from the Statistical Committee of the Republic.

EBRD’s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter

The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).

LATEST NEWS

spot_imgspot_imgspot_img