Mon, 23 February
4.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Around $68.4 million bought by Armenian banks last week

YEREVAN, March 27. /ARKA/. Armenia’s commercial banks bought around $68.4 million from the local foreign currency market on March 20 to 24 at the average weighted exchange rate of 482.88 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 12.5 million euros and 899.1 million Russian rubles at the average weighted exchange rates of 518.02 and 8.36 drams per one euro and one ruble respectively.

The banks also sold about $86.9 million, € 10.7 million and 382.9 million rubles at average weighted exchange rates of 484.29, 523.17 and 8.46 drams respectively.

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

In addition, from March 13 to 19, the banks provided 45 billion drams worth loans in the national currency and $33.9 million worth loans in USD. ($ 1- AMD 484.04 drams). –0—-

spot_img

POPULAR

VTB (Armenia) Opens Renovated Office in Ashtarak

A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.

Yerevan budget revenues executed 103.6% in January 2026 — Municipality

Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

Armenia’s gross reserves up by about USD 100 million, reaching USD5.2 billion in January

In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».

Armenia to Receive €6 Million Grant from EBRD for Construction of Customs and Logistics Center

At a meeting on Thursday, the Armenian government approved the ratification of a €6 million grant agreement with the European Bank for Reconstruction and Development (EBRD) for the Yerevan Customs and Logistics Center project.

LATEST NEWS

spot_imgspot_imgspot_img