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

About 10% of Armenia’s dram-denominated government debt is held by international institutional players: Central Bank Governor

Institutional players are entering the dram-denominated government debt market in Armenia, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

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

The average market exchange rate for the US dollar against the Armenian dram, as of May 27, 2026, increased by 0.31 points compared to May 26, reaching 368.05 drams.

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

Continuous liquidity and fair pricing must be ensured in the Armenian foreign exchange market — Central Bank

One of the main tasks of the Central Bank of Armenia is to ensure continuous liquidity and fair pricing in the foreign exchange market, stated Martin Galstyan, head of the regulator.

“We are switching you to 5G, type a command”: IDBank warns about a fraud disguised as a “network update”

Amid the active expansion of fifth-generation mobile networks in Armenia, a rise in fraud activity has been recorded. Scammers, posing as employees of telecommunications companies, offer to “upgrade settings” or “activate 5G” using phone commands.

LATEST NEWS

spot_imgspot_imgspot_img