Armenian banks bought $93.6 million last week

YEREVAN, April 17. /ARKA/. Armenian banks bought a total of $93.6 million at the local inter-bank forex market in a time span from April 9 to April 13 at the weighted average exchange rate of 481.97 drams per one USD, the Central Bank reported today.

It said the banks bought also 9.2 million euros and about 1.1 billion Russian rubles at the weighted average exchange rates of 591.79 drams per € 1 and 7.69 drams per 1 ruble respectively.

In the same time span the banks sold about $97 million, 17.2 million euros and 888.7 million Russian rubles at the weighted average exchange rates of 483.42, 595.87 and 7.91 drams per one USD, one euro and one ruble respectively.

No transaction with US dollars were effected in the same time span at NASDAQ OMX Armenia stock exchange.

Besides, from April 2 to April 8 the local banks provided about 46.6 billion drams worth loans in the Armenian national currency and $28.9 million worth loans in USD. ($ 1- 482.92 drams). -0-

spot_img

POPULAR

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSU

IDBank has signed a memorandum of cooperation with Yerevan State University.

Armenia to Receive $200 Million from the World Bank to Develop a Sustainable and Competitive Economy

Armenia will receive $200 million (€170.3 million) from the World Bank to support its transition to a more competitive, globally integrated economy with responsible emissions management.

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.

The average exchange rate of the Armenian dram to US dollar in March was 3.9% lower than a year ago

In March 2026, the average exchange rate of the Armenian dram to the US dollar was 377.4 drams, compared to 392.8 drams in March 2025, according to data from the Statistical Committee.

LATEST NEWS

spot_imgspot_imgspot_img