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

Around $87.3 million bought by Armenian banks last week

YEREVAN, March 6. /ARKA/. Armenia’s commercial banks bought around $87.3 million from the local foreign currency market on February 27 to March 3 at the average weighted exchange rate of 486.04 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 14.5 million euros and 895.5 million Russian rubles at the average weighted exchange rates of 511.54 and 8.33 drams per one euro and one ruble respectively.

The banks also sold about $113.7 million, € 12 million and 343.7 million rubles at average weighted exchange rates of 487.21, 515.83 and 8.42 drams respectively.

No dollar exchange transactions have been effected at NASDAQ OMX Armenia stock exchange over the mentioned period.

In addition, from February 20 to 26, the banks provided 53.3 billion drams worth loans in the national currency and $38.6 million worth loans in USD. ($ 1- 486.82 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.

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

Acba Bank contributed to the construction of a modern sports ground in Goris

In the “Haghtanak” park of Goris, a sports ground that meets modern standards was built in cooperation with Acba Bank, the Hayastan All-Armenian Fund and the Goris City Hall, the bank’s press service reported.

LATEST NEWS

spot_imgspot_imgspot_img