Last week Armenian banks bought $90.5 million

YEREVAN, March 31. / ARKA /. Last week Armenia-based banks bought approximately $90.5 million at the local foreign currency market at the average exchange rate of 412.57 drams for one USD, the Central Bank said.

The banks also bought 4.1 million euros at the exchange rate of 567.36 drams per one euro and 675.5 million Russian rubles at 11.42 drams per 1 ruble.

The banks also sold more than 101 million USD, 10,9 million euros and 98.5 million rubles at the average exchange rates of 413.58, 571.69 and 11.60 drams respectively.

From March 24 to 28 the banks provided 31.8 billion drams worth loans in the national currency and also $47.8 million worth loans in USD. ($ 1 – 412.90 drams). -0-

spot_img

POPULAR

Armenia’s Deputy Prime Minister discussed infrastructure development and the green economy with an EBRD delegation

Armenian Deputy Prime Minister Tigran Khachatryan discussed infrastructure modernization and the transition to a green economy with a delegation led by Elisabetta Falcetti, Executive Director for Turkey and the Caucasus at the European Bank for Reconstruction and Development (EBRD).

Euro, USD and ruble drop  against Armenian dram

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 28, 2026, decreased by 0.16 points compared to April 27, to 371.4 drams.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (April 20-26) 

The week in Armenia's financial market was marked by the publication of financial indicators for the banking sector, updated macroeconomic indicators, and signals regarding capital market development.

Euro ups against Armenian dram, while US dollar and Russian ruble drop

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 27, 2026, decreased by 0.27 points compared to April 23, to 371.56 drams.

A new law on payment services is being developed in Armenia – Deputy Governor of Central Bank

A new law on payment services is being developed in Armenia, taking into account modern trends in financial technology development, said Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan.

LATEST NEWS

spot_imgspot_imgspot_img