Sat, 28 February
5.1 C
Yerevan
USD: 377.00 RUB: 4.88 EUR: 444.78 GEL: 140.99 GBP: 507.97

Armenian central bank purchases $8.1 million at forex market, Pashinyan comments

YEREVAN, April 14. /ARKA/. The Central Bank of Armenia bought USD 8.1 million in the foreign exchange market on Monday, Armenian Prime Minister Nikol Pashinyan reported on his Facebok page
“No matter how strange it may seem – today the Central Bank bought $ 8.1 million at the foreign exchange market.

This can have no other explanation than the confidence of the financial market in the anti-crisis policy pursued by the government,” he wrote on his Facebook page.

The prime minister added that people trust the government’s policy and the Armenian national currency.
According to the Central Bank of Armenia, on the last day of March, the US dollar traded at to more than 500 drams, on average, but then it began to decline again and on April 13 it already traded at 486.53 drams. -0—

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (February 16-22)

Last week, the Armenian financial market was distinguished by intensified institutional interactions in the banking sector and debt market dynamics.

Ranking of largest credit institutions in Armenia by asset volume in 2025

ARKA News Agency has published a ranking of Armenia's largest credit institutions by total assets for 2025.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of February 26, 2026, increased by 0.12 points compared to February 25, reaching 377.04 drams.

Rates of euro, dollar and ruble to Armenian dram decreased: Central Bank of Armenia

The average exchange rate of the US dollar to the Armenian dram, formed on the currency market of Armenia as of February 27, 2026, decreased by 0.04 points to 377 drams compared to February 26.

Acba Bank places 10 billion dram-denominated bonds

Acba Bank has begun placing coupon-bearing book-entry bonds through a public offering for a total of 10,000,000,000 (ten billion) drams, the bank's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img