Around $89.8 million bought by Armenian banks last week

YEREVAN, March 20. /ARKA/. Armenia’s commercial banks bought around $89.8 million from the local foreign currency market on March 13 to 17 at the average weighted exchange rate of 483.89 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 15.9 million euros and 847.3 million Russian rubles at the average weighted exchange rates of 513.98 and 8.19 drams per one euro and one ruble respectively.

The banks also sold about $91.3 million, € 11.4 million and 416.4 million rubles at average weighted exchange rates of 485.34, 518.22 and 8.30 drams respectively.

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

In addition, from March 6 to 12, the banks provided 37.3 billion drams worth loans in the national currency and $53.9 million worth loans in USD. ($ 1- 483.51 drams). –0—-

spot_img

POPULAR

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

Acba Group invested $45 million in the creation of an AI factory

To spur the development of artificial intelligence infrastructure in Armenia, Acba Bank and Amundi-Acba Asset Management have invested a total of $45 million in Firebird to establish an AI factory and data center.

Regular disclosure of information by issuers is one of key conditions for development of Armenian capital market – Ministry of Economy

Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.

Mher Grigoryan considers ADB’s participation in key projects for Armenia important

Armenian Deputy Prime Minister Mher Grigoryan and Asian Development Bank (ADB) Regional Managing Director Leah Gutierrez discussed the implementation of joint programs.

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img