Sun, 1 February
-1.9 C
Yerevan
USD: 378.64 RUB: 4.98 EUR: 451.38 GEL: 140.77 GBP: 520.55

$64.5 million bought by commercial banks last week at Armenia’s intra-banking forex market

YEREVAN, August 31. /ARKA/. Commercial banks bought $64.5 million at 482.14 drams per one dollar at Armenia’s intra-banking foreign exchange market over a period between August 24 and 28, the press office of the Central Bank of Armenia reports.

They also bought €7.4 million and 1 billion Russian rubles at the mentioned period at 548.82 drams and 6.96 drams respectively.

The loans extended by Armenia’s commercial banks in drams over a period between August 17 and 23 amounted to $38 billion, and dollar loans totaled $37 million. ($1 – AMD 483.53). –0–

spot_img

POPULAR

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions.

Suspension of acceptance of payments for Viva Armenia CJSC services through EasyPay platforms

EasyPay LLC informs that, as a result of Viva Armenia CJSC unilaterally terminating the cooperation, starting from February 1, 2026, payments for Viva Armenia CJSC services will no longer be accepted through EasyPay payment instruments.

WB: In November 2025, net non-commercial money transfers to armenia grew by 28.8 percent yoy

In November 2025, net non-commercial money transfers grew by 28.8 percent (yoy), , according to World Bank's 'Armenia Monthly Economic Update – January 2026.'

Euro rises 4.49 points against  Armenian dram, while  dollar and ruble fall – Central Bank

The average market exchange rate of the US dollar to the Armenian dram on January 25, 2026, fell 0.21 points compared to January 23, to 379.07 drams.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img