Wed, 5 November
2.1 C
Yerevan
USD: 382.55 RUB: 4.74 EUR: 440.12 GEL: 141.19 GBP: 500.15

Armenian banks buy January 24-27 some $87.1 million and sell $91.5 million

YEREVAN, January 27. / ARKA /. Armenian commercial banks bought January 24-27 a total of $87.1 million at the local inter-bank fore in exchange market at an average weighted exchange rate of 363.83 Drams per one USD, the Central Bank of Armenia reported. It said the banks sold in the same time span a total of $91.5 million at 365.41 Drams per one USD.

The total amount of deals in USD at NASDAQ OMX Armenia exchange in the same period of time was $21.9 million. The average weighted exchange rate was 363.23 Drams per one USD. The Central Bank said $4.1 million worth deals on purchase and sale of USD were effected at intra-bank market at an average weighted exchange rate of 364.86 Drams per one USD. The banks also provided 17.8 billion Drams worth loans on January 24-27 in Armenia’s national currency and also $21.9 million loans in USD. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

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.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img