Armenian banks bought about $80 million last week

YEREVAN, September 3. /ARKA/. Seventeen Armenia-based commercial banks bought about $80.2 million from August 27 to August 31 at the local forex market at the weighted average rate of 482.06 drams for $1, the press service of the Central Bank reported.

It said also the banks bought 9.8 million euros and about 1.571 billion Russian rubles at the weighted average rate of 560.11 drams for €1 and 7.07 drams for 1 ruble, respectively.

At the same time, they sold about $94.5 million, €15 million and 699.6 million Russian rubles at the weighted average rates of 483.34 drams, 564.46 drams and 7.18 drams respectively.

Besides, from August 20 to August 26, the banks provided about 62.1 billion drams worth loans in the Armenian national currency and about $28 million worth loans in USD. ($ 1- 482.16 drams). -0-

spot_img

POPULAR

Euro and ruble exchange rates against the Armenian dram fell, while the dollar continued to rise

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 26, 2026, increased by 0.16 points compared to March 25, reaching 377.36 drams.

Pashinyan: Regional Situation Increases Inflation Risks in Armenia

Armenian Prime Minister Nikol Pashinyan commented on the correlation between pension increases and rising inflation.

Euro fell 2.07 points against the Armenian dram, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of March 19, 2026, fell by 0.12 points compared to March 20, to 377.38 drams.

Acba Leasing offers an effective interest rate of 1% on the purchase of construction equipment (VIDEO)

Reliable quality, high efficiency, and a wide selection of specialized equipment: for 15 years, Sino Armenia has been representing the best Chinese-made construction equipment in Armenia, according to the Acba Leasing press service.

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.

LATEST NEWS

spot_imgspot_imgspot_img