Thu, 8 January
-2.9 C
Yerevan
USD: 381.75 RUB: 4.74 EUR: 446.19 GEL: 141.67 GBP: 515.25

Armenia’s commercial banks purchased $70.2 mln last week

YEREVAN, April 10. /ARKA/. Armenian commercial banks purchased over $70.2 million at weighted average rate 390.52 drams per $1 April 2-6 in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Tuesday.

At the same period, the banks obtained nearly 6.1 million euros and about 492.9 million rubles at weighted average rate 517.01 drams per €1 and 13.18 drams per 1 ruble.

The banks sold over $95.2 million, nearly €11.2 million and 57.4 million rubles at weighted average rate 391.64 drams, 519.35 drams and 13.38 drams respectively.

USD purchase-sales were amounted to $600,000 at weighted average rate 391.5 drams per $1 in inter-banking market of the foreign currency within the reported period. Transactions in rubles and euros were not made in the market within the reported period.

Moreover, from March 26 to April 1, the volume of dram loans provided by the Armenian banks totaled 33.8 billion drams, and USD loans- $74 million. ($1 – 391.14 drams).—0—

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Team Holding’s $9 million and AMD 1.4 billion bond placement completed ahead of schedule: Freedom Broker Armenia served as underwriter

Team Holding announced the successful and early completion of the first round of its nominal coupon bond placement, according to the press service of Freedom Broker Armenia investment company.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s state budget deficit for the first 11 months amounted to 265.4 billion drams, an increase of 14.3%

The Ministry of Finance of Armenia presented the republic's state budget execution indicators for January-November 2025.

Residential real estate prices in Armenia increased by 5.5% in the third quarter: the Central Bank released a new indicator

The Central Bank of Armenia has published the Residential Real Estate Price Index (RRI).

LATEST NEWS

spot_imgspot_imgspot_img