Tue, 3 March
6.1 C
Yerevan
USD: 376.88 RUB: 4.88 EUR: 442.38 GEL: 140.04 GBP: 505.17

Armenian banks bought $66.5 million from local forex market

YEREVAN, September 10 / ARKA /. Seventeen Armenia-based commercial banks bought about $66.5 million from September 3 to September 7 at the local forex market at the weighted average rate of 483.24 drams for $1, the press service of the Central Bank reported.

It said also the banks bought 13.4 million euros and about 1.303.1 billion Russian rubles at the weighted average rate of 560.15 drams for €1 and 7.06 drams for 1 ruble, respectively.

At the same time, they sold about $91.8 million, €17.3 million and 749 million Russian rubles at the weighted average rate of 484.61 drams, 563.54 drams and 7.14 drams, respectively.

Besides, from August 27 to September 2, the banks provided about 79.6 billion dram worth loans in the Armenian national currency and about $39.5 million worth loans in USD. ($ 1- 482.16 drams). -0-

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram fell after two days of gains: 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 25, 2026, fell by 0.92 points compared to February 24, to 376.92 drams.

Money scam: Central Bank warns of cases of fraud purporting to be carried out in its name

The Central Bank of Armenia has warned of cases of fraud in which criminals pose as regulator employees and urge citizens to transfer funds to other accounts.

Love Is… Card by Unibank – An Iconic Design and a Romantic Trip for Two to Paris

Unibank has launched a limited-edition series of bank cards featuring the Love Is… design — bright, instantly recognizable, and filled with warm nostalgia.

The risk of raising pensions in Armenia is estimated, the fiscal space for payments is stable – Ministry of Finance

The risk of expenses due to the increase of pensions in Armenia has been assessed, there is a stable predictable fiscal space for the benefit of pensioners, said Arman Pogosyan, Deputy Minister of Finance.

“Globbing” LLC’s bonds worth 1.5 billion drams and $2 million have been listed on Armenia Securities Exchange (AMX)

The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets.

LATEST NEWS

spot_imgspot_imgspot_img