Sun, 11 January
-1.9 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

Armenian banks buy $76.9 million last week

YEREVAN, April 25. / ARKA /. On April 18-22 Armenian commercial banks bought a total of $76.9 million at the local forex market at the average weighted exchange rate of 479.92 drams per one USD, the Central Bank said.

They also bought 9.3 million euros at the average weighted exchange rate of 539.48 drams per one euro and 777.3 million Russian rubles at the average weighted exchange rate of 7.18 drams per one ruble.

At the same time, they sold about $61 million, 9.8 million euros and about 358.4 million rubles at the weighted average exchange rates of 481.6, 545.48 and 7.32 drams respectively.

In addition, from the 18th to 22nd of  April the banks provided 34.4 billion drams worth loans in the national currency and $48.6 million worth loans in USD. ($ 1- 479.13 drams).  -0

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img