Armenian banks get over $85.8 mln in inter-banking foreign currency market last week

YEREVAN, March 6. /ARKA/. The Armenian banks got nearly $85.8 million by weighted average rate of 388.25 drams for $1 in intra-banking market of foreign currency in Armenia from February 27 to March 2, the Armenian Central Bank’s press service reported ARKA.
In intra-banking market within the same period the banks obtained nearly 5.4 million euros and over 526.8 million rubles at weighted average exchange rate of 518.78 drams per  €1 and 13.2 drams per 1 ruble.At the same time, in intra-banking market of foreign currency there were sold nearly $95.9 million, over €11 million and about 80.5 million rubles at weighted average exchange rate of 389.23 drams, 522.86 drams and 13.45 drams respectively.According to the press-release, in inter-banking market , USD purchase and sale transactions were implemented in the amount of $650 thousand and 5 million rubles at weighted average exchange rate of 388.82 drams per $1 and 13.4 drams per 1 ruble respectively. Transactions in euros were not made.Moreover, dram credits allocated by the Armenian banks accounted to 25.1 billion drams, and USD credits- $33.3 million. ($1 – 388.72 drams). E.O—0–

YEREVAN, March 6. /ARKA/. The Armenian banks got nearly $85.8 million by weighted average rate of 388.25 drams for $1 in intra-banking market of foreign currency in Armenia from February 27 to March 2, the Armenian Central Bank’s press service reported ARKA.

In intra-banking market within the same period the banks obtained nearly 5.4 million euros and over 526.8 million rubles at weighted average exchange rate of 518.78 drams per  €1 and 13.2 drams per 1 ruble.At the same time, in intra-banking market of foreign currency there were sold nearly $95.9 million, over €11 million and about 80.5 million rubles at weighted average exchange rate of 389.23 drams, 522.86 drams and 13.45 drams respectively.According to the press-release, in inter-banking market , USD purchase and sale transactions were implemented in the amount of $650 thousand and 5 million rubles at weighted average exchange rate of 388.82 drams per $1 and 13.4 drams per 1 ruble respectively. Transactions in euros were not made.Moreover, dram credits allocated by the Armenian banks accounted to 25.1 billion drams, and USD credits- $33.3 million. ($1 – 388.72 drams). –0–

spot_img

POPULAR

Up to 25% idcoin When Buying Airline Tickets with IDBank Premium Cards

When planning your next trip, the first thing you consider is your budget — how much you can spend, how to find the best deals, and how to save while discovering new destinations.

Armenian Card reported technical issues

The national payment system Armenian Card CJSC (ArCa) reported technical issues.

Euro rises 3.86 points to Armenian dram, while US dollar and ruble remain unchanged

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 14, 2026, remained unchanged from April 13, at 375.19 drams.

Unibank Launches Referral Campaign “Invite Friends and Get Bonuses”

Unibank announces the launch of the “Invite Friends and Get Bonuses” campaign, designed for cardholders within the salary program.

Yerevan’s budget revenue exceeded its target by 7.2% in the first quarter: Municipality

In the first quarter of 2026, Yerevan's budget actually received 22.3 billion drams, compared to its planned revenue of 20.8 billion drams, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

LATEST NEWS

spot_imgspot_imgspot_img