Mon, 9 June
19.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

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

Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Euro exchange rate increases by 0.87 points to 433.28 AMD

The average market exchange rate of the U.S. dollar to the Armenian dram on April 10, 2025, decreased by 0.7 points compared to April 9 and amounted to AMD 391.08.

Converse Bank Joins the Asian Development Bank’s Green Finance Commitment

Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”

Armenia’s stock market capitalization grew by 35.6% to AMD 439.3 billion in 2024 – AMX report

The capitalization of the Armenian stock market grew by 35.6% to AMD 439.3 billion in 2024, according to the annual report of the Armenia Stock Exchange (AMX).

LATEST NEWS

spot_imgspot_imgspot_img