Sun, 17 August
25.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenian banks buy $52.5 million and sell $60.5 million in one week

YEREVAN, May 7. /ARKA/. A total of $52.5 million were bought at Armenia’s intrabankk forex market in a time span between April 30 and May 7 at an average weighted exchange rate of 384.63 Drams per $1, the Central Bank of Armenia reported. It said also a total of $60. 5 million were sold in the same time span at 386.16 Drams per $1.

The total amount of deals effected at NASDAQ OMX Armenia exchange stock in the same week was worth $10.2 million at an average weighted exchange rate of 387.43 Drams per $1.

In the same week $350,000 worth deals were effected at inter-bank forex market at 384.71 Drams per $1. Besides, Armenian commercial banks extended 16.2 billion Drams worth credits on April 26-May 2. The amount of credits issued in USD was worth $35.2 million.($1 – 387.71 Drams).  -0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img