Armenian commercial banks obtained over $65.7 mln last week

YEREVAN, March 11. /ARKA/. Armenian commercial banks purchased over $65.7 million at an average weighted rate of 409.75 drams per $1 from 4 to 7 March in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 4 million euros and over 407.6 million rubles at average weighted rates of 533.32 drams per €1 and 13.26 drams per 1 ruble respectively.

The banks sold about $83.9 million, nearly €10.1 million and around 78.1 million rubles at average weighted rates of 410.92 drams, 536.68 drams and 13.44 drams respectively.

Moreover, from 25 February to 3 March the volume of AMD loans provided by the Armenian banks totaled 35.8 billion drams, and USD loans- $35.8 million. ($1 – 410.58 drams).—0-

spot_img

POPULAR

A new law on payment services is being developed in Armenia – Deputy Governor of Central Bank

A new law on payment services is being developed in Armenia, taking into account modern trends in financial technology development, said Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan.

Euro ups against Armenian dram, while US dollar and Russian ruble drop

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 27, 2026, decreased by 0.27 points compared to April 23, to 371.56 drams.

Armenia’s Deputy Prime Minister discussed infrastructure development and the green economy with an EBRD delegation

Armenian Deputy Prime Minister Tigran Khachatryan discussed infrastructure modernization and the transition to a green economy with a delegation led by Elisabetta Falcetti, Executive Director for Turkey and the Caucasus at the European Bank for Reconstruction and Development (EBRD).

Natalija Novta will become new IMF Resident Representative in Armenia

Natalija Novta will become the new IMF Representative in Armenia in August, replacing Umang Ravat.

ARKA news agency launches special project about its products and services to celebrate its 30th anniversary

To celebrate its 30th anniversary, ARKA News Agency has launched a new special project dedicated to its products and services.

LATEST NEWS

spot_imgspot_imgspot_img