Tue, 10 March
-2.9 C
Yerevan
USD: 377.29 RUB: 4.82 EUR: 436.15 GEL: 137.62 GBP: 503.49

Armenia’s commercial banks purchase over $100.3mln at intra-banking forex market last week

YEREVAN, December 9. /ARKA/. Armenian commercial banks purchased more than $100.3mln at a weighted average rate of 404.23 drams per $1 in intra-banking foreign exchange market on December 2-6, the press service of the Central Bank reported.

In the same period, about 6.9mln euros and over 800.8mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 549.03drams per €1 and 12.13drams per ruble respectively.

At the same time, about $107.1 mln, about €15.5 mln and about 140 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 405.51drams, 552.97drams and 12.30drams respectively.

Dram loans extended by Armenian banks during the week before (November 25 – December 1) totalled 50.5bln drams; dollar loans amounted to a total of $86mln. ($1=406.94drams). –0–

spot_img

POPULAR

Central Bank of Armenia: Sustainable and Sustainability-Linked Bond Market in Early Stages of Development

In its 2025 Sustainability Report, the Central Bank of Armenia notes that the sustainable and sustainability-linked bond market in the country is in its early stages of development.

The average exchange rate of the Armenian dram to the US dollar in February was 4.5% lower than a year ago

In February 2026, the average exchange rate of the Armenian dram to the US dollar was 377.6 drams (395.6 drams in February 2025).

Armenia ratified an agreement with IBRD on $80 million water supply modernization program

At its meeting on Wednesday, the National Assembly of Armenia ratified the credit agreement with the International Bank for Reconstruction and Development (IBRD, the structure of the World Bank) under the program of improving water supply and irrigation services in Armenia.

Euro to Armenian dram exchange rate jumped by 2.59 points: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 3, 2026, increased by 0.87 points compared to March 3, reaching 377.86 drams.

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.

LATEST NEWS

spot_imgspot_imgspot_img