Commercial banks of Armenia in intra-banking market of foreign currency last week obtained over $54.9 million

YEREVAN, February 27. /ARKA/. In intra-banking market of foreign currency of Armenia in February 20-24 the banks obtained more than $54.9 million by weighted average rate of 388.51 drams per $1, press-service of CBA informed ARKA News Agency.

In the same period about 6.1 million euros and 476.4 million rubles by weighted average rate of 512.95 drams per  €1 and 12.95 per 1 ruble was obtained.

At the same time, in intra-banking market of foreign currency over $77.5 million, about €8.3 million and over 63.3 million rubles by weighted average rate of 389.67 drams, 516.46 drams and 13.15 drams was sols respectively.

According to the press-release, in intra-banking market transactions of USD purchase and sale was implemented in the amount of $100 thousand by weighted average rate of 389.5 drams per $1. Transactions in ruble and euro was not implemented in the intra-banking market.

In February 13-19 the volume of dram credits provided by the Armenian banks was 23.7 billion drams and in USD – $52.2 million. ($1 – 389.32 drams). -0-

spot_img

POPULAR

Acba Bank summarized 2025 results with impressive figures

At its annual general meeting of shareholders, Acba Bank summarized the results of 2025 with impressive figures and set new targets for the current year.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 3, 2026, fell by 0.01 points compared to June 2, to 368.52 drams.

Customer Appreciation Day in Gyumri: IDBank

This time, IDBank’s Customer Appreciation Day, filled with surprises and gratitude, was held at the Bank’s Gyumri branch. Bringing this now traditional event to the regions is part of the Bank’s commitment to staying closer to its customers.

State Revenue Committee of Armenia discussed tax regulation of crypto assets with market participants

The State Revenue Committee of Armenia held a discussion with market participants on tax regulation of the cryptocurrency sector, the press service of the State Revenue Committee of Armenia reported.

VTB (Armenia) Develops Telemarketing as a Modern Remote Service Channel

VTB (Armenia) is developing its telemarketing strategy, taking remote banking to a new level.

LATEST NEWS

spot_imgspot_imgspot_img