Fri, 27 February
5.1 C
Yerevan
USD: 377.04 RUB: 4.90 EUR: 444.91 GEL: 141.00 GBP: 510.36

Around $80.6 million bought by Armenian banks last week

YEREVAN, March 26. /ARKA/. Armenia’s commercial banks bought around $80.6 million from the local foreign currency market on March 19 to 23 at the average weighted exchange rate of 479.56 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 6.97 million euros and 842.8 million Russian rubles at the average weighted exchange rates of 588.78 and 8.31 drams per one euro and one ruble respectively.

The banks also sold about $72 million, € 14.1 million and 507 million rubles at average weighted exchange rates of 480.82, 591.87 and 8.4 drams respectively.

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

In addition, from March 12 to 18, the banks have provided 74.1 billion drams worth loans in the national currency and $46.4 million worth loans in USD. ($ 1- AMD 480.17). –0—-

spot_img

POPULAR

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

S&P assesses risks to Armenia’s financial stability as contained

International rating agency S&P Global Ratings assesses risks to Armenia's financial stability as contained.

S&P Global Ratings Improves Armenia’s Rating Outlook to Positive

On February 20, S&P Global Ratings revised its outlook on Armenia from stable to positive, affirming its long-term and short-term foreign and local currency sovereign credit ratings at 'BB-/B'.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 20, 2026, fell by 0.12 points compared to February 19, to 376.82 drams.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of February 26, 2026, increased by 0.12 points compared to February 25, reaching 377.04 drams.

LATEST NEWS

spot_imgspot_imgspot_img