Banks Of Armenia From Nov 28 To Dec 2 Obtained $88,5 Million, €15,9 Million And Rur 556 Million In Foreign Currency Intra-Banking Market

YEREVAN, December 2. /ARKA/. In intra-banking market of foreign currency of Armenia form November 28 to December 2 the banks obtained about $88.5 million, 15.9 million euro and 556 million rubles by weighted average rate of 381.52 drams per $1, 510.13 drams €1 and 12.09 per 1 ruble, press-service of CBA informed ARKA News Agency.

In intra-banking market of foreign currency in the same period about $108.7 million, €10.6 million and RUR 77 by weighted average rate of 381.85 drams, 510.13 drams and 12.32 drams were sold respectively.

Total volume of transactions by USD implemented in NASDAQ OMX Armenia stock exchange was $9.45 million by weighted average rate of 382 drams per $1, and transactions by euro and rubles was not implemented in the stock exchange.

In intra-banking market, transactions of buy and sale of dollar in the amount of $1.5 million by weighted average rate of 382.29 drams per $1 were implemented. Transactions by other two foreign currencies were not implemented in the stock exchange.

From November 21-27 the volume of drams credits provided by the Armenian banks was 22.7 billion drams and credits in USD – $64.3 million. ($1 – 381.22 drams). –0–

spot_img

POPULAR

The “Physmath Friends” Charitable Foundation is the October beneficiary of “The Power of One Dram”

Within the framework of "The Power of One Dram" initiative, AMD 4,648,503 accumulated during September was directed to organizing the "Climate Change and Women" award ceremony, which aims to highlight women's contributions to combating climate change and preserving biodiversity.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 5–11)

Armenia’s financial agenda last week covered inflation trends, capital market activity, new bank bond issuances, and cross-border remittances.

35 Years of Trust: IDBank Celebrates with Its Customers

IDBank continues its series of events marking its 35th anniversary, this time celebrating together with its customers.

EFSD Raises Armenia’s 2026 Economic Growth Forecast to 5.8%

The Eurasian Fund for Stabilization and Development (EFSD) has raised its GDP growth forecast for Armenia for 2026 to 5.8%, up from the previously expected 5.5%.

Euro and dollar exchange rates against the Armenian dram fell, while the ruble continued to rise – Central Bank of Armenia 

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.48 points on October 13 compared to October 12, settling at 361.73 drams.

LATEST NEWS

spot_imgspot_imgspot_img