Tue, 10 June
19.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Over $46.9 million bought by Armenian banks last week

YEREVAN, July 11. /ARKA/. Armenia’s commercial banks bought a total of $46.9 million from the local foreign currency market on July 4 – 8 at the average weighted exchange rate of 476.05 drams per one USD, the Central Bank said.

It said the banks also bought 5.7 million euros and 1.13 billion Russian rubles at the average weighted exchange rates of 526.99 and 7.39 drams per one euro and one ruble respectively.

The banks also sold about $53.8 million, € 9.1 million and 376.6 million rubles at average weighted exchange rates of 477.58, 531.3 and 7.48 drams respectively.

In addition, from June 27 to July 3, the banks provided 56.7 billion drams worth loans in the national currency and $119.4 million worth loans in USD. ($ 1- 476.72 drams).  –0—-

spot_img

POPULAR

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Mechanism to stimulate cashless payments to be developed in Armenia

On Friday, the Armenian government held a meeting on issues related to stimulating cashless payments in the country.

AMX introduces remote membership model, opening doors to international investors

The Armenia Securities Exchange (AMX) and the Central Depository have introduced a Remote Membership model, which is aimed at providing access to foreign investors to the Armenia Securities Exchange, the press service of the exchange reported.

Average settlement exchange rate of dram to dollar in May was 0.3% lower than a year ago

In May 2025, the average settlement exchange rate of the Armenian dram to the US dollar was 386.6 drams, which is 0.3% lower than the same indicator in May 2024 (387.8 drams).

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img