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

Business registration is now available at Unibank

Business registration is the first step toward starting your own venture.

Armenia’s GDP growth forecast is around 5.4-5.6% in the medium term: Finance Minister

The Armenian government forecasts stable economic growth of 5.4-5.6% annually in the medium term, stated RA Finance Minister Vahe Hovhannisyan.

Converse Bank and ADB expand access to MSME and sustainable finance in Armenia

Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 24, 2026, fell by 0.15 points compared to June 23, to 367.93 drams.

Stepan Gishyan Foundation’s grant competition results have been announced

The Stepan Gishyan Charitable Foundation has announced the results of its 2026 grant competition.

LATEST NEWS

spot_imgspot_imgspot_img