Banks bought $101.4 million from local forex market last week

YEREVAN, October 9. /ARKA/. Armenian commercial banks purchased about $101.4 million from the local inter-bank forex market at the weighted average exchange rate of 477.63 drams for $ 1, the press service of the Central Bank said.

It said they also bought 11.38 million euros and about 1.35 billion Russian rubles at the weighted average exchange rates of 560.24 drams for €1 and 8.23 ​​drams for 1 ruble, respectively. At the same time, they sold, about $107.1 million, €21 million and 598.8 million rubles at the weighted average exchange rates of 478.81 drams, 564.35 drams and 8.32 drams, respectively.

No transactions with USD were reported by NASDAQ OMX Armenia stock exchange during the reporting period.

Besides, from September 25 to October 1, the banks provided about 49.7 billion drams in loans in the national currency and $70.8 million in USD. ($ 1- 477.75 drams). -0-

spot_img

POPULAR

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.

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...

Armenia to Introduce Electronic Seizure of Information Constituting Banking Secrets

At its session on Wednesday, the National Assembly of Armenia adopted in the first reading a legislative package amending the Criminal Procedure Code of the Republic of Armenia and related laws.

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.

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