Sat, 17 January
-5.9 C
Yerevan
USD: 379.99 RUB: 4.88 EUR: 441.32 GEL: 141.01 GBP: 509.41

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

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Ministry of Finance has identified cases in which the 2% cashback will not be awarded for payments made with ArCa cards

The Armenian Ministry of Finance has clarified which non-cash transactions made with ArCa payment system cards will not be eligible for cashback.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img