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

EFSD Raises Armenia’s 2026 Economic Growth Forecast to 5.8%

The Eurasian Fund for Stabilization and Development (EFSD) has raised its GDP growth forecast for Armenia for 2026 to 5.8%, up from the previously expected 5.5%.

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).

The “Physmath Friends” Charitable Foundation is the October beneficiary of “The Power of One Dram”

Within the framework of "The Power of One Dram" initiative, AMD 4,648,503 accumulated during September was directed to organizing the "Climate Change and Women" award ceremony, which aims to highlight women's contributions to combating climate change and preserving biodiversity.

Euro and ruble exchange rates against the Armenian dram rise, dollar falls – Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market fell by 0.04 points on October 9, 2026, compared to October 8, settling at 361.93 drams.

A story of people, goals, and trust: Acba Bank’s 30-year journey (VIDEO)

Thirty years ago, a group of young people with a bold vision and rather limited resources launched an enterprise whose future scale was difficult to imagine.

LATEST NEWS

spot_imgspot_imgspot_img