Thu, 11 December
6.1 C
Yerevan
USD: 381.84 RUB: 4.82 EUR: 447.02 GEL: 141.56 GBP: 510.83

About $73.6 million bought by Armenian banks between November 21 and 25

YEREVAN, November 25. /ARKA/. Banks sold $88.6 million at 384.61 drams per one dollar average exchange rate and bought about $73,6 million at 383.37 drams at Armenia’s intra-bank forex over a period between November 21 and 25, the press office of the Central Bank of Armenia reported on Friday.
 
Dollar-dram exchange transactions were effected at $1 = AMD 383.62 average exchange rate at NASDAQ OMX Armenia at the mentioned period of time. They totalled $14.4 million.
 
Dollar-dram exchange transactions at inter-banking forex effected at $1 = AMD 384.5 at the mentioned period. They totaled $200,000.
 
Armenian banks lent AMD 24.4 billion and $32.6 million between November 14 and 20. ($1 – AMD 383.42). -0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

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.

The average exchange rate of the Armenian dram to the US dollar in November was 1.8% lower than a year ago

In November 2025, the average exchange rate of the Armenian dram to the US dollar was 382.0 drams, which is 1.8% lower than the same figure in November 2024 (389.0 drams).

LATEST NEWS

spot_imgspot_imgspot_img