As of 10:50 a.m. on October 10, the highest bank buying rate for the US dollar in non-cash transactions in Armenia stood at 360.50 drams, while the lowest selling rate was 362.50 drams. Both figures were unchanged from the previous update.
For the euro, the highest non-cash buying rate was 402.50 drams and the lowest selling rate was 408.00 drams. The ruble posted a slight increase: the top non-cash buying rate reached 4.19 drams, up 0.01 drams, while the lowest selling rate rose 0.02 drams to 4.27 drams.
In cash transactions, the highest dollar buying rate was 360.00 drams and the lowest selling rate was 362.50 drams. For cash euro, the highest buying rate was 402.50 drams and the lowest selling rate was 408.00 drams. The cash ruble buying rate increased by 0.01 drams to 4.04 drams, while the lowest selling rate fell by 0.04 drams to 4.20 drams.
The published roundup also listed quotes from individual banks. At Acba bank, cash dollar rates were 359.50 drams for buying and 363.50 drams for selling. At Ameriabank, they stood at 359.50 and 364.50 drams, while Byblos Bank Armenia posted 359.00 and 363.00 drams.
Converse Bank set its cash dollar buying and selling rates at 359.00 and 363.00 drams, both down 1 dram from the previous level. At IDBank, the respective rates were 359.50 and 363.50 drams, while Inecobank quoted 360.00 and 364.00 drams. Spreads for euro and ruble rates remained wider across banks.
