Sat, 7 March
1.1 C
Yerevan
USD: 377.31 RUB: 4.78 EUR: 436.81 GEL: 138.21 GBP: 503.37

Armenia’s Commercial Banks purchase over $96.7 mln at intra-banking forex market last week

YEREVAN, December 16. /ARKA/. Armenian commercial banks purchased more than $96.7mln at a weighted average rate of 404.87drams per $1 in intra-banking foreign exchange market on December 9-13, the press service of the Central Bank reported.

In the same period, about 7.2mln euros and over 780.6mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 554.90drams per €1 and 12.26drams per ruble respectively.

At the same time, about $105.1mln, about €12.9mln and about 140.8mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 406.05drams, 558.79drams and 12.46drams respectively.

Dram loans extended by Armenian banks during the week before (December 2-8) totalled 40.4bln drams; dollar loans amounted to a total of $34.9mln. ($1=404.95drams).  –0–

spot_img

POPULAR

Byblos Bank Armenia introduces the Mastercard World card

Byblos Bank Armenia has introduced its new Mastercard World card, offering numerous benefits both in Armenia and abroad.

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).

Armbanks Weekly Digest. Key events of the financial market of Armenia (February 23 – March 1)

Last week on the financial market of Armenia was quite active and included the publication of the international risk assessment of financial stability, the disclosure of annual indicators of credit organizations and the development of the debt segment on AMX.

UBPay and MoneyTO Launch Money Transfers from Armenia to the UK

Clients of the Armenian payment system UBPay can now make money transfers from Armenia to the UK directly to recipients’ bank accounts.

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.

LATEST NEWS

spot_imgspot_imgspot_img