Tue, 24 February
7.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

Armenia’s banks gain over $83.9 mln at intra-bank foreign currency market last week

YEREVAN, May 4. /ARKA/. Armenian banks gained nearly $83.9 million at 391.84 drams per $1 average weighted rate last week (23-28 April) at intra-bank market of foreign currency, Armenia’s Central Bank reports ARKA.

Within the same period the banks obtained nearly 8.1 million euros and about 615.2 million rubles at 515.97 drams per €1 and 13.23 drams per 1 rubles.

At the same time they sold over $101.1 million, over €8.5 million euros and nearly 73.1 million rubles at 392.84 drams, 519.36 drams and 13.42 drams respectively.

At the interbank market the amount of USD purchase/sale transactions totaled in $1.7 million at 392.65 drams per $1 average weighted rate. No euro or ruble transactions were registered within the reported period.

Moreover, Armenian banks allocated 25 billion drams and $43 million dollars in loans throughout April 16-22. ($1 – 392.56 drams). –0–

spot_img

POPULAR

Ranking of largest credit institutions in Armenia by asset volume in 2025

ARKA News Agency has published a ranking of Armenia's largest credit institutions by total assets for 2025.

Armenia to Receive €6 Million Grant from EBRD for Construction of Customs and Logistics Center

At a meeting on Thursday, the Armenian government approved the ratification of a €6 million grant agreement with the European Bank for Reconstruction and Development (EBRD) for the Yerevan Customs and Logistics Center project.

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (February 16-22)

Last week, the Armenian financial market was distinguished by intensified institutional interactions in the banking sector and debt market dynamics.

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

LATEST NEWS

spot_imgspot_imgspot_img