Armenia’s commercial banks purchase over $93.1mln at intra-banking forex market last week

YEREVAN, April 2. /ARKA/. Armenian commercial banks purchased more than $93.1mln at a weighted average rate of 417.92drams per $1 in intra-banking foreign exchange market on March 25-29, the press service of the Central Bank reported.

In the same period, about 6.7mln euros and over 592.8mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 536.78drams per €1 and 13.45drams per ruble respectively.

At the same time, about $90.7mln, about €15.2mln and about 85.8mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 419.17drams, 539.92drams and 13.61drams respectively.

Dram loans extended by Armenian banks during the week before (March 18-24) totalled 32.6bln drams; dollar loans amounted to a total of $44.7mln. ($1=418.58drams).–0–

spot_img

POPULAR

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Central Bank of Armenia presented data on sustainable development in the context of financial stability

The Central Bank of Armenia published its "Sustainability Report 2025," presenting approaches to sustainable development in the context of financial stability.

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

LATEST NEWS

spot_imgspot_imgspot_img