Tue, 1 April
5.1 C
Yerevan
USD: 391.57 RUB: 4.62 EUR: 423.72 GEL: 141.57 GBP: 506.65
spot_img

Around $93.3 million bought by Armenian banks last week

YEREVAN, December 4. /ARKA/. Armenia’s commercial banks bought around $93.3 million from the local foreign currency market on November 27 to December 4 at the average weighted exchange rate of 483.31 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 13.1 million euros and 1.89 billion Russian rubles at the average weighted exchange rates of 573.27 and 8.35 drams per one euro and one ruble respectively.

The banks also sold about $99 million, € 18.4 million and 475.6 million rubles at average weighted exchange rates of 484.50, 576.67 and 8.35 drams respectively.

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

In addition, from November 20 to 26, the banks provided 48.2 billion drams worth loans in the national currency and $47.2 million worth loans in USD. ($ 1- AMD 484.21 drams). –0—-

spot_img

POPULAR

Mirzoyan got acquainted with investment climate of Kazakhstan and mechanisms for resolving international disputes

Armenian Foreign Minister Ararat Mirzoyan visited the Astana International Financial Center (AIFC) as part of his official visit to Kazakhstan, the press service of the Foreign Ministry reported.

Technological Gaps and Lack of Open Banking Stalling Armenia’s Investment Market- Director of Sirius Capital

The technological underdevelopment of the stock exchange and the lack of open banking are hindering the development of the investment market in Armenia, says Ararat Mkrtchyan, executive director and managing member of the investment company Sirius Capital.

Euro decreases by 1.13 drams to AMD 423.89

The average market exchange rate of the U.S. dollar to the Armenian dram on March 25, 2025, totaled 391.8 drams, down 0.03 points compared to March 24.

US dollar to Armenian dram exchange rate remains unchanged

The average market exchange rate of the US dollar to the Armenian dram on March 26, 2025, remained at 391.8 drams, unchanged compared to March 25.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

LATEST NEWS

spot_imgspot_imgspot_img