Wed, 11 March
7.1 C
Yerevan
USD: 377.41 RUB: 4.79 EUR: 439.27 GEL: 137.62 GBP: 507.62

Armenia’s commercial banks purchased over $74.2 mln last week

YEREVAN, May 29. /ARKA/. Armenian commercial banks obtained nearly $74.2 million at weighted average rate 400.9 drams per $1 within May 21-25 in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Tuesday.

At the same period, the banks purchased over 4.4 million euros and about 527.9 million rubles at weighted average rate 506.85 drams per €1 and 12.69 drams per 1 ruble.

The banks sold over $101.6 million, over €11.1 million and nearly 96.4 million rubles at weighted average rate 402.9 drams, 512.14 drams and 12.9 drams respectively.

USD purchase-sales were amounted to $2.2 million at weighted average rate 407.44 drams per $1 in inter-banking market of the foreign currency within the reported period. Transactions in rubles and euros were not made

Moreover, within May 14-20, the volume of dram loans provided by the Armenian banks totaled 29 billion drams, and USD loans- $35 million. ($1 –406.68 drams).—0–

spot_img

POPULAR

Central Bank of Armenia presented data on sustainable development in the context of financial stability

The Central Bank of Armenia published its "Sustainability Report 2025," presenting approaches to sustainable development in the context of financial stability.

Central Bank of Armenia: Sustainable and Sustainability-Linked Bond Market in Early Stages of Development

In its 2025 Sustainability Report, the Central Bank of Armenia notes that the sustainable and sustainability-linked bond market in the country is in its early stages of development.

EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year

The EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year.

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

EBRD stands ready to support Armenia in implementing reforms and programs

YEREVAN, March 10. /ARKA/. The European Bank for Reconstruction...

LATEST NEWS

spot_imgspot_imgspot_img