Fri, 27 February
2.1 C
Yerevan
USD: 377.00 RUB: 4.88 EUR: 444.78 GEL: 140.99 GBP: 507.97

Armenian banks bought $57.9 million at local intra-bank forex market from May 10 to May 13

YEREVAN, May 16. / ARKA /. Armenian banks bought a total of $57.9 million from the local intra-bank forex market from May 10 to May 13 at the average weighted exchange rate of 478.39 drams per $1,  the Central Bank said.

They also bought 4.6 million euros and about 846 million Russian rubles at the weighted average exchange rates of 542.47 per one euro and 7.27 drams  per one ruble respectively.

At the same time, they sold about $60.6 million, 7.5 million euros  and  about 336.6 million Russian rubles at the average weighted exchange rates of 479.96, 547.9 and 7.36 drams  per one USD, one euro and one ruble respectively.

In addition, from May  2 to May 8, the banks provided about 44.6 billion drams worth loans in the Armenian currency and $30.4 million worth loans in USD. ($ 1- 479.34 drams). -0-

spot_img

POPULAR

“Globbing” LLC’s bonds worth 1.5 billion drams and $2 million have been listed on Armenia Securities Exchange (AMX)

The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets.

Acba Bank Group Develops a Transparent Management System

Acba Bank Group continues large-scale reforms of its corporate governance culture to improve management efficiency, transparency, and accountability.

Euro, dollar, and ruble exchange rates against the Armenian dram fell after two days of gains: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 25, 2026, fell by 0.92 points compared to February 24, to 376.92 drams.

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

Unibank’s perpetual bonds have been listed on the Armenia Securities Exchange

Unibank’s perpetual bonds have been listed on the Armenia Securities Exchange, allowing for manual and REPO trading.

LATEST NEWS

spot_imgspot_imgspot_img