Sat, 4 October
15.1 C
Yerevan
USD: 382.76 RUB: 4.67 EUR: 449.25 GEL: 140.62 GBP: 514.85

Armenian commercial banks buy $95 million at local foreign currency market December 20-24

YEREVAN, December 24, /ARKA/. Armenian commercial banks bought a total of $95 million at local foreign exchange market from December 20 to December 24 at an average weighted exchange rate of 359.19 Drams per one USD, the Central Bank of Armenia said.

In the same time span they sold a total of $105.3 million at 360.3 Drams per one USD. Also some $8.95 million worth deals in US Dollars were effected at NASDAQ OMX Armenia stock exchange .

The volume of deals at inter-bank forex market was $2.05 million. The deals were effected at an average weighted exchange rate of 360.49 Drams per $1.

Besides, from December 13 to December 16 Armenian commercial banks extended 24 billion Drams loans in Armenia’s national currency and $56.8 million loans in US Dollars. ($1 – 360.84 Drams). -0-

spot_img

POPULAR

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

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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