Tue, 10 June
24.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Banks bought $58.8 million at intra-bank forex market

YEREVAN, May 10. / ARKA /. Armenian banks bought a total of $58.8 million at the local intra-bank forex market from May 2 to  May 6 at the weighted average exchange rate of 477.67 drams per $ 1,  the Central Bank said.

It said the banks also bought 7.7 million euros and about 727.7 million Russian rubles at the weighted average exchange rates of 545.59 drams per €1 and 7.25 drams per one ruble respectively.

At the same time, the banks  sold about $69.7 million, €9 million and  305.3 million Russian rubles at the weighted average exchange rates of 479.41, 551.13 and 7.38 drams respectively.

In addition, from April 25 to May 1 the banks provided about 37.9 billion drams worth loans in the Armenian national currency and  $46.7 million worth loans in USD. ($ 1- 478.96 drams).. -0-

spot_img

POPULAR

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Acba Bank and NABU launch free 2025 program for organic agriculture development

Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.

Dollar and euro exchange rates to the Armenian dram fell again, while the ruble rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 4, 2025, fell again by 0.1 points compared to June 3 and amounted to 383.76 drams.

AMX introduces remote membership model, opening doors to international investors

The Armenia Securities Exchange (AMX) and the Central Depository have introduced a Remote Membership model, which is aimed at providing access to foreign investors to the Armenia Securities Exchange, the press service of the exchange reported.

Average settlement exchange rate of dram to dollar in May was 0.3% lower than a year ago

In May 2025, the average settlement exchange rate of the Armenian dram to the US dollar was 386.6 drams, which is 0.3% lower than the same indicator in May 2024 (387.8 drams).

LATEST NEWS

spot_imgspot_imgspot_img