Sun, 19 October
17.1 C
Yerevan
USD: 382.59 RUB: 4.71 EUR: 447.25 GEL: 141.36 GBP: 513.89

Armenian banks sell more dollars than buy

YEREVAN, October 14. /ARKA/. Banks sold $87.1 million at 376.47 drams per one dollar and bought $81.2 million at 374.99 drams at intra-banking forex over a period between October 10 and 14, the press office of the Central Bank of Armenia reported on Friday.

Dollar-dram exchange transactions totaling $6.75 million were effected at NASDAQ OMX Armenia Stock Exchange over the mentioned period of time at $1 = 375.62 dram average exchange rate.

Dollar-dram exchange deals worth $1.1 million were effected at inter-banking forex at $1 = 375.62 dram exchange rate.

Armenian banks lent AMD 23.6 billion and $37.5 million over a period between October 3 and 9. ($1 = AMD 375.16). -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.

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.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

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.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

LATEST NEWS

spot_imgspot_imgspot_img