Thu, 5 March
7.1 C
Yerevan
USD: 377.59 RUB: 4.82 EUR: 438.31 GEL: 138.06 GBP: 504.01

Armenian commercial banks buy $75.2 million last week

YEREVAN, May 22. /ARKA/. Armenian commercial banks bought more than $75.2 million at the local forex market over a period between May 14 and 19 at the average exchange rate of 395.39 drams per one USD, the Central Bank of Armenia told ARKA.

It said the banks bought also about 145.7 million euros at 508.18 drams exchange rate per one euro and over 597.4 million rubles at 12.82 drams rate per one ruble.

In the same time span the banks sold over $90.7 million at 396.7 drams rate, about €152.8 million at 508.36 drams exchange rate and 109.8 million rubles at 13.04 drams exchange rate per one ruble.
The volume of inter-bank transactions was $3.5 million at 397.36 drams rate per one $1.

Neither euro nor ruble deals were effected at inter-bank market over the mentioned period of time.
Armenian banks lent AMD 24.5 billion and $36.8 million between April 30 and May 6. ($1 – AMD 398.79). -0–

spot_img

POPULAR

Komitas Park Improvement: Acba Bank’s Gift to Yerevan on the Bank’s 30th Anniversary

Komitas Park will be improved in collaboration between Acba Bank and the Yerevan Municipality.

How leaders build trust: ACBA Business Club

During the first ACBA Business Club of 2026, businessmen discussed the art of building trust and emotional management skills in the business environment.

UBPay and MoneyTO Launch Money Transfers from Armenia to the UK

Clients of the Armenian payment system UBPay can now make money transfers from Armenia to the UK directly to recipients’ bank accounts.

Euro to Armenian dram exchange rate fell by 5.41 points, while dollar and ruble exchange rates changed little

The average market exchange rate for the US dollar to the Armenian dram, determined on March 2, 2026, increased by 0.11 points compared to February 27, reaching 376.99 drams.

Armbanks Weekly Digest. Key events of the financial market of Armenia (February 23 – March 1)

Last week on the financial market of Armenia was quite active and included the publication of the international risk assessment of financial stability, the disclosure of annual indicators of credit organizations and the development of the debt segment on AMX.

LATEST NEWS

spot_imgspot_imgspot_img