Sun, 7 September
18.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenian banks buy $56.5 million at local forex market July 19-23

YEREVAN, July 23, /ARKA/. Armenian commercial banks  bought a total of $56.5 million at the local forex market at  weighted average exchange rate of 363.49 Drams per  $1 on  July 19-23, the Central Bank of Armenia reported. It said also a total of $55.8 million were sold in the same time span at  365.02 Drams per  $1.

The total amount of deals in USD at  NASDAQ OMX Armenia stock exchanged amounted to $6.8  million at  365.77  Drams per $1. Also $700,000 were sold and bought at  inter-bank market in the same time span at 366.95 Drams per  $1. Besides, the banks extended loans in Drams worth 15.5 million and loans in USD worth $38.5 million from July 12 to 18. ($1 – 366.33 Drams).  -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

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.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img