Wed, 11 February
1.1 C
Yerevan
USD: 377.88 RUB: 4.89 EUR: 450.06 GEL: 140.75 GBP: 516.34

Armenian banks bought $103.4 million at local forex market n September 10-14

YEREVAN, September 20. / ARKA /. Armenian commercial banks bought a total of $103.4 million at the local forex market on September 10-14 at the average exchange rate of 410.27 drams per one USD, the Central Bank of Armenia told ARKA.

It said the banks bought also over 8.6 million euros at 525.29 drams exchange rate per one euro and over 872.3 million rubles at 12.89 drams rate per one ruble. In the same time span the banks sold over $114.2 million at 411.37 drams rate, over 11.6 million euros at 527.84 drams exchange rate and over 79 million rubles at 13.08 drams exchange rate per one ruble.

Besides, from September 3 to 9 the banks provided 26 billion drams worth loans in Armenian currency and $43.2 million loans in USD. ($1 – 407.47 drams). -0-

spot_img

POPULAR

Taxpayers received 409 billion drams in refunds in 2025

Taxpayers will receive 409 billion drams in refunds in 2025, a 4.2% increase compared to 2024, Eduard Hakobyan, Chairman of State Revenue Committee, announced at a press conference on the 2025 results.

Armenian pensioners urged to choose a bank for cashless payments by March 5

The Armenian Ministry of Labor and Social Affairs has urged pensioners and benefit recipients who continue to receive payments in cash to choose a bank by March 5, 2026, to switch to cashless payments.

National Assembly Committee approved a €120.5 million loan agreement with the IBRD for the tourism development program

At its meeting on Monday, the Standing Committee on Financial, Credit, and Budgetary Affairs of the Armenian National Assembly approved the ratification of a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

AMX conducted auctions for placement and redemption of government bonds totaling 28.3 billion drams

On February 10, the Armenia Stock Exchange (AMX) executed a government bond placement auction amounting to 20 billion drams, alongside a government bond redemption auction totaling 8.3 billion drams.

Inflation of 3.8% Recorded in Armenia in January

Twelve-month inflation (January 2026 compared to January 2025) in Armenia's consumer market stood at 3.8%, according to a report from the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img