Tue, 10 March
-2.9 C
Yerevan
USD: 377.29 RUB: 4.82 EUR: 436.15 GEL: 137.62 GBP: 503.49

Around $89.6 million bought by Armenian banks last week

YEREVAN, November 12. /ARKA/. Armenia’s commercial banks bought around $86.8 million from the local foreign currency market on October 29 to November 3 at the average weighted exchange rate of 487.18 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 10 million euros and 1 832.4 million Russian rubles at the average weighted exchange rates of 553.72 and 7.33 drams per one euro and one ruble respectively.

The banks also sold about $77 million, € 14.7 million and 569 million rubles at average weighted exchange rates of 488.37, 558.28 and 7.42 drams respectively.

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

In addition, from September 29 to November 4, the banks have provided 80.5 billion drams worth loans in the national currency and $48.2 million worth loans in USD. ($ 1- AMD 487.95 drams). -0—-

spot_img

POPULAR

Komitas Park Improvement: Acba Bank’s Gift to Yerevan on the Bank’s 30th Anniversary

Komitas Park will be improved in collaboration between Acba Bank and the Yerevan Municipality.

Let’s Talk Smart About Money: Armenia to Host Global Money Week 2026

The international information campaign "Global Money Week 2026" (GMW2026) will be held in Armenia from March 16 to 22, 2026.

Euro to Armenian dram exchange rate fell by 5.41 points, while dollar and ruble exchange rates changed little

The average market exchange rate for the US dollar to the Armenian dram, determined on March 2, 2026, increased by 0.11 points compared to February 27, reaching 376.99 drams.

Euro to Armenian dram exchange rate jumped by 2.59 points: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 3, 2026, increased by 0.87 points compared to March 3, reaching 377.86 drams.

Inflation of 4.3% Recorded in Armenia in February

Twelve-month inflation in Armenia's consumer market in February of this year stood at 4.3%, according to a report from the Statistical Committee.

LATEST NEWS

spot_imgspot_imgspot_img