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

Customer Appreciation Day in Gyumri: IDBank

This time, IDBank’s Customer Appreciation Day, filled with surprises and gratitude, was held at the Bank’s Gyumri branch. Bringing this now traditional event to the regions is part of the Bank’s commitment to staying closer to its customers.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 3, 2026, fell by 0.01 points compared to June 2, to 368.52 drams.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 5, 2026, fell by 0.05 points compared to June 4, to 368.54 drams.

Unibank has launched instant transfers by phone number

Phone number transfers are now available in Unibank’s UNIMobile application.

Euro and dollar exchange rates against the Armenian dram continued to rise, while the ruble weakened again: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 1, 2026, increased by 0.17 points compared to May 29, reaching 368.35 drams.

LATEST NEWS

spot_imgspot_imgspot_img