Sun, 28 September
24.1 C
Yerevan
USD: 382.71 RUB: 4.59 EUR: 446.43 GEL: 141.38 GBP: 510.80

Armenian banks buy $60.1 million at local foreign exchange market January 17-21

YEREVAN, January 21, /ARKA Armenian commercial banks bought a total of $60.1 million at the local inter-bank foreign exchange market between January 17-21 at an average exchange rate of 365.71 Drams per one USD, the Central Bank of Armenia reported. It said also the banks sold $67.3 million in the same time span at the average weighted exchange rate of 367.2 Drams per one USD.

The aggregated volume of deals effected at NASDAQ OMX Armenia exchange in USD amounted to $16.5 million at 368. 5 Drams per one USD. Also some $2.3 million worth forex deals were effected at intra-bank market at an average exchange rate of 366.72 Drams per one USD.

The banks also extended 17.7 billion Drams worth credits between January 17-21 in Armenian national currency and $28 million loans in USD. ($1 – 367.39 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.

“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 Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

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.

LATEST NEWS

spot_imgspot_imgspot_img