Armenia’s commercial banks purchase over $88.8 mln at intra-banking forex market last week

YEREVAN, February 24. /ARKA/. Armenian commercial banks purchased more than $88.8mln at a weighted average rate of 411.38drams per $1 in intra-banking foreign exchange market on February 17-21, the press service of the Central Bank reported.

In the same period, over 5mln euros and about 673.6mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 563.58 drams per €1 and 11.56drams per ruble respectively.

At the same time, about $112.7mln, about €9.2mln and over 102.8mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 412.88drams, 567.31drams and 11.70drams respectively.

Dram loans extended by Armenian banks during the week before (February 10-16) totalled 36.1bln drams; dollar loans amounted to a total of $41.3mln. ($1=412.81drams). –0–

spot_img

POPULAR

AMX conducts government bond auction totaling 40 billion drams

YEREVAN, August 11. /ARKA/. On August 11, the Armenia Securities Exchange (AMX) executed a government bond auction amounting to 40 billion drams, as reported by the exchange's press service.

Central Bank of Armenia unveils two more draft regulations for cryptoasset regulation for public discussion

YEREVAN, August 13. /ARКА/. The Central Bank of Armenia has unveiled two more draft regulations for public discussion.

Unlocking the Secrets of the Financial World at ”Hayordi” Camp with Idram&IDBank

YEREVAN, August 13. /ARKA/. Bank accounts, payment cards, deposits - to explain these and several other concepts and answer the kids' most burning financial questions, Idram and IDBank this time visited ''Hayordi'' Camp.

“The Power of One Dram” to “Orran” Charitable Non-Governmental Organization

YEREVAN, August 12. /ARKA/. The July beneficiary of "The Power of One Dram" initiative was "My Forest Armenia" environmental non-governmental organization.

Euro, dollar, and ruble drop against Armenian dram

YEREVAN, August 12. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market fell by 0.16 points on August 12, 2026, compared to August 11, to 365.91 drams.

LATEST NEWS

spot_imgspot_imgspot_img