Thu, 5 March
7.1 C
Yerevan
USD: 377.59 RUB: 4.82 EUR: 438.31 GEL: 138.06 GBP: 504.01

Armenian banks bought $69.2 million last week

YEREVAN, September 11. /ARKA/. Armenian commercial banks bought a total of $69.2 million from the local intra-bank foreign currency market from September 4 to September 8 at the weighted average exchange rate of 477.51 drams for $1, the press service of the Central Bank reported.

It said they also bought 9.1 million euros and about 1.15 billion Russian rubles at the weighted average exchange rates of 568.12 drams for €1 and 8.26 drams per 1 ruble, respectively.

The banks were said to have also sold about $77.5 million, €11.7 million and 506.3 million rubles at the weighted average exchange rates of 478.85 drams, 571.69 drams and 8.35 drams, respectively.
No transactions with the US dollars were effected at the NASDAQ OMX Armenia stock exchange during the reporting period.

Besides, from August 28 to September 3, Armenian banks provided 39.5 billion drams worth loans in the national currency as well as $81 million worth loans in USD. ($ 1- 478.16 drams). -0-

spot_img

POPULAR

Euro to Armenian dram exchange rate jumped by 2.59 points: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 3, 2026, increased by 0.87 points compared to March 3, reaching 377.86 drams.

Money scam: Central Bank warns of cases of fraud purporting to be carried out in its name

The Central Bank of Armenia has warned of cases of fraud in which criminals pose as regulator employees and urge citizens to transfer funds to other accounts.

Mopeds, tricycles, and ATVs in Armenia will be included in the compulsory motor third-party liability insurance (CMTPL) system

At its session on Wednesday, the National Assembly of Armenia adopted amendments to the law "On Compulsory Liability Insurance Arising from the Use of Motor Vehicles" in the first reading.

Data of approximately 10,000 pensioners will be automatically distributed among four Armenian banks – Minister

The data of approximately 10,000 pensioners in Armenia will be automatically distributed among four banks starting tomorrow, taking into account geographic accessibility, announced Minister of Labor and Social Affairs Arsen Torosyan.

Rates of euro, dollar and ruble to Armenian dram decreased: Central Bank of Armenia

The average exchange rate of the US dollar to the Armenian dram, formed on the currency market of Armenia as of February 27, 2026, decreased by 0.04 points to 377 drams compared to February 26.

LATEST NEWS

spot_imgspot_imgspot_img