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

Head of the Central Bank of Armenia named the reasons behind the rise in gold prices

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 25-31) 

The week in Armenia's financial market was influenced by the Central Bank's signals on financial stability, credit risks, and banking sector profitability. Capital market development and client protection issues were also in focus.

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 June 3, 2026, fell by 0.01 points compared to June 2, to 368.52 drams.

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

Unisport Crowned Armenian Futsal Premier League Champion

Unisport has been crowned champion of the Armenian Futsal Premier League

LATEST NEWS

spot_imgspot_imgspot_img