Armenian banks bought $81.9 million at local forex market

YEREVAN, April 3. /ARKA/. Armenian commercial banks bought a total of $81.9 million at the local forex marked in a time span from March 27 to March 31 at the weighted average rate of 483.06 drams for $1, the press service of the Central Bank said.

It said they also bought 16.8 million euros and about 936.1 million Russian rubles at the weighted average rates of 520.62 drams for €1 and 8.47 drams for 1 ruble, respectively.

At the same time, they sold about $103.6 million, €13.3 million and 392 million Russian rubles at the weighted average rates of 484.39 drams, 524.58 drams and 8.57 drams respectively.

Also $700,000 worth transactions with USD were effected at NASDAQ OMX Armenia stock exchange at the exchange rate of 484 drams per one USD.

Besides, , from March 20 to March 26, the banks provided about 44.9 billion drams worth loans in the national currency and $44.4 million worth loans in USD. ($ 1- 483.45 drams). AA -0-

spot_img

POPULAR

Pashinyan: Regional Situation Increases Inflation Risks in Armenia

Armenian Prime Minister Nikol Pashinyan commented on the correlation between pension increases and rising inflation.

Acba Leasing’s special offer: 5% down payment for purchasing an electric vehicle

Acba Leasing, the undisputed leader in the Armenian leasing market, is presenting a special offer on the purchase of electric vehicles at TOON EXPO 2026, together with its partner ROEL Automotive Group, according to the Acba Bank press service.

Euro fell 2.02 points against the Armenian dram: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on March 26, 2026, fell 0.18 points compared to March 26, to 377.18 drams.

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

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 25, 2026, fell by 0.12 points compared to March 24, to 377.2 drams.

Papoyan discussed economic reforms, export strategy, and investment with the head of the IMF mission to Armenia

YEREVAN, March 25. /ARКА/. Armenian Economy Minister Gevorg Papoyan...

LATEST NEWS

spot_imgspot_imgspot_img