$72.7 million bought by commercial banks at Armenia’s intra-bank forex market

YEREVAN, March 10. /ARKA/. Commercial banks purchased more than $72.7 million at Armenia’s intra-bank forex market over a period between March 3 and 7 at AMD 413.43 per one dollar, the press office of the Central Bank of Armenia reports.

Banks also bought here about €4.4 million and more than 696.3 million Russian rubles over the same period at AMD 567.55 and AMD 11.32 accordingly.

They sold over $109.4 million, €12.2 million and 136.7 million at AMD 414.69, 571.99 and 11.49 accordingly.

The loans expended by Armenian banks in drams between February 24 and March 2 totaled 39.9 billion and dollar loans amounted to $61.1 million. ($1 – AMD 414.54).  —0—-

spot_img

POPULAR

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

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.

EBRD stands ready to support Armenia in implementing reforms and programs

YEREVAN, March 10. /ARKA/. The European Bank for Reconstruction...

LATEST NEWS

spot_imgspot_imgspot_img