Over $77million bought by Armenian banks last week at local Forex market

YEREVAN, April 4. /ARKA/. From March 29 to April 2 all Armenia-based banks bought about $77.17 million at the local forex market at the average weighted exchange rate of 480.08 drams per $1, the Central Bank said.

In the same time span they bought also 6.593 million euros and about 873.839 million Russian rubles at the average weighted exchange rates of 540.40 and 7.02 drams respectively.

The banks also sold about $83.255 million, € 10.969 million and 462.614 million Russian rubles at the average weighted exchange rates of 481.95, 546.19 and 7.13 drams respectively.

Armenia’s banks lent 37.6 billion Armenian drams and 56.7 million US dollars over a period between March 26 and April 2. ($1– AMD 480.88). –0—

spot_img

POPULAR

Armenia targets 6% annual GDP growth – Prime Minister

The Armenian government aims to ensure an average annual economic growth rate of 6% over the next five years, Prime Minister Nikol Pashinyan stated.

4.3% inflation recorded in Armenia in September

Armenia’s Statistical Committee reports that 12-month inflation in the country's consumer market stood at 4.3% in September of this year.

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

Market capitalization in September totaled AMD 352.4 billion – Armenia Securities Exchange

Equity market capitalization in September 2026 stood at approximately AMD 352.4 billion, the press service of the Armenia Securities Exchange (AMX) reported.

Armenia and World Bank Discuss Priorities for Tax and Customs Administration Reform

Priorities for the next phase of tax and customs administration reform in Armenia were discussed during a meeting between Eduard Hakobyan, Chairman of the State Revenue Committee (SRC) of Armenia, Fabrizio Zarcone, Head of the World Bank Office in Yerevan, and Alexandra Cole, the UK Ambassador to Armenia.

LATEST NEWS

spot_imgspot_imgspot_img