Around $78.6 million bought by Armenian banks last week

YEREVAN, August 14. /ARKA/. Armenia’s commercial banks bought around $78.6 million from the local foreign currency market on July 28 to August 4 at the average weighted exchange rate of 477.99 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 10.3 million euros and 1.2 billion Russian rubles at the average weighted exchange rates of 561.36 and 7.92 drams per one euro and one ruble respectively.

The banks also sold about $86.8 million, € 17.5 million and 459.8 million rubles at average weighted exchange rates of 479.28, 566.98 and 8.02 drams respectively.

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

In addition, from July 31 to August 6, the banks provided 37.2 billion drams worth loans in the national currency and $56 million worth loans in USD. ($ 1- AMD 478.52 drams). –0—-

spot_img

POPULAR

Euro to Armenian dram exchange rate jumped by 5.36 drams, while the dollar and ruble rose slightly: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of April 1, 2026, increased by 0.07 points compared to March 31, reaching 377.23 drams.

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, dollar, and ruble exchange rates against the Armenian dram fell: 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 31, 2026, decreased by 0.38 points compared to March 30, to 377.16 drams.

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.

Armenia uncovers scheme to illegally import large sums of rubles and exchange them for dollars

The State Revenue Committee (SRC) of Armenia reported the discovery of cases of large amounts of foreign currency in cash being imported into the country and its possible involvement in shadow circulation.

LATEST NEWS

spot_imgspot_imgspot_img