Armenian banks bought $56.1 last week

YEREVAN, May 30. /ARKA/. Armenian commercial banks bought a total of $56.1 million at the local intra-bank forex market from 23rd to 27th of May at the average weighted exchange rate of 476.79 drams per one USD, the Central Bank said today.

The banks were said to have also bought 5.3 million euros and some 973.4 million Russian rubles at the average weighted exchange rates of 532.84 and 7.19 drams per one euro and one ruble respectively.

At the same time, they sold $63.2 million, €12.7 million and 394.8 million rubles at the average weighted average exchange rates of 478.55, 536.04 and 7.27 drams respectively.

Besides,  from 16 to 22 May, the banks provided 43.8 billion drams worth loans in the national currency and also  $76.9 million  worth loans in USD ($ 1- 477.82 drams).. -0-

spot_img

POPULAR

Armenia to Allow Online Execution of Certain Real Estate Collateral Agreements Without a Notary

Legislative amendments in Armenia will now allow for the electronic execution without the need for notarization of standard, mixed-type real estate collateral agreements involving banks or credit organizations.

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

35 Years of Trust: IDBank Celebrates with Its Customers

IDBank continues its series of events marking its 35th anniversary, this time celebrating together with its customers.

Armenia’s Prime Minister Proposes Developing Stock Exchange Listings for the Country’s Mining Companies

Prime Minister of Armenia Nikol Pashinyan thinks that the mining sector should take the lead in developing institutions of public share ownership in the country, including through the listing of companies on stock exchanges.

Exchange rates of the euro, dollar, and ruble against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's foreign exchange market fell by 0.3 points on October 14, 2026, compared to October 13, settling at 361.43 drams.

LATEST NEWS

spot_imgspot_imgspot_img