Sun, 11 May
16.1 C
Yerevan
USD: 389.25 RUB: 4.73 EUR: 439.39 GEL: 141.96 GBP: 516.22
spot_img

Armenian banks bought $64 million at local intra-bank forex market last week

YEREVAN, May 24. / ARKA /. Armenian banks bought a total of $64 million from the local intra-bank forex market from May 16 to May 20 at the average weighted exchange rate of 477.36 drams per $1,  he Central Bank said.

They also bought 6.5 million euros and about 833.4 million Russian rubles at the weighted average exchange rates of 536.85 per one euro and 7.27 drams per one ruble respectively.

At the same period, they sold about $60.7 million, 13.6 million euros and about 399 million Russian rubles at the average weighted exchange rates of 479.27, 541.58 and 7.37 drams  per one USD, one euro and one ruble respectively.

In addition, from May 9 to May 15, the banks provided about 32.6 billion drams worth loans in the Armenian currency and $37.4 million worth loans in US dollars. ($ 1- 477.63 drams). –0—-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

US dollar to Armenian dram exchange rate remains unchanged

The average market exchange rate of the US dollar to the Armenian dram on March 26, 2025, remained at 391.8 drams, unchanged compared to March 25.

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

US Dollar and Euro Exchange Rates Down Against Armenian Dram

As of May 2, 2025, the average market exchange rate for the U.S. dollar decreased by 0.53 points compared to April 30, landing at 389.41 drams.

LATEST NEWS

spot_imgspot_imgspot_img