Mon, 30 June
21.1 C
Yerevan
USD: 384.32 RUB: 4.89 EUR: 450.23 GEL: 141.11 GBP: 527.56

Over $68 million bought by Armenian banks last week

YEREVAN, November 7. /ARKA/. Armenia’s commercial banks bought more than $68 million from the local foreign currency market on October 31 to November 4 at the average weighted exchange rate of 475.01 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.5 million euros and 961.3 million Russian rubles at the average weighted exchange rates of 522.07 and 7.47 drams per one euro and one ruble respectively.

The banks also sold about $88 million, € 9.6 million and 443.1 million rubles at average weighted exchange rates of 476.40, 526.15 and 7.57 drams respectively.

In addition, from October 24 to 30, the banks provided 88.3 billion drams worth loans in the national currency and $55.3 million worth loans in USD. ($ 1- 476.83 drams).  –0—-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ameriabank’s MyInvest Platform Gains Direct Access to AMXTrader Trading System

Ameriabank has become the first bank in Armenia to provide its investment clients with direct access to the Armenia Stock Exchange (AMX) trading system, AMXTrader, through the MyInvest platform.

Average annual exchange rate of dram against USD is forecast at 392 drams in 2025 – EDB

The average annual exchange rate of the Armenian dram against the US dollar is forecast at 392 drams in 2025, according to the macroeconomic review of the Eurasian Development Bank for seven member countries for 2025–2027.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

LATEST NEWS

spot_imgspot_imgspot_img