Tue, 26 August
26.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenia’s commercial banks purchased $62.7 mln last week

YEREVAN, May 7. /ARKA/. Armenia’s banks purchased nearly $62.7 million at 391.4 per $1 average weighted rate within May 2-4 in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 4.3 million euros and about 384.8 million rubles at weighted average rate 514.76 drams per €1 and 13.19 drams per 1 ruble.

The banks sold over $67.9 million, over €10.3 million and 41.1 million rubles at weighted average rate 392.4 drams, 518.8 drams and 13.39 drams respectively.

USD purchase-sales were amounted to $3,5 million at weighted average rate 392.07 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, within April 23-29, the volume of dram loans provided by the Armenian banks totaled 42.2 billion drams, and USD loans- $71.7 million. ($1 – 391.86 drams).—0–

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

U.S. dollar exchange rate  grows, as  euro and ruble slightly fall

The average market exchange rate of the US dollar to the Armenian dram as of August 18, 2025, increased by 0.17 points compared to August 15 and amounted to 383.27 drams.

Euro drops by 0.59 points against Armenian dram to AMD 447.84

The average market exchange rate of the US dollar against the Armenian dram as of August 15, 2025, dropped by 0.4 points when compared to August 14 and amounted to 383.1 drams.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Unibank Issued Preferred Shares with a Fixed Annual Dividend of 12%

Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.

LATEST NEWS

spot_imgspot_imgspot_img