Fri, 3 October
11.1 C
Yerevan
USD: 383.34 RUB: 4.70 EUR: 450.50 GEL: 140.80 GBP: 516.82

Armenian commercial banks buy nearly $75.8 mln at local forex market last week

YEREVAN, June 25. /ARKA/. Armenian commercial banks bought nearly $75.8 million at the local forex market on June 18-22 at the average exchange rate of 415.63 drams per $1, the Central Bank of Armenia told ARKA.

It said the banks bought also over 7.9 million euros at 523.55 drams exchange rate per €1 and nearly 711 million rubles at 12.66 drams rate per 1 ruble. In the same time span the banks sold nearly $88.7 million at 416.79 drams rate, about €14.5 million at 527.51 drams exchange rate and over 101.6 million rubles at 12.86 drams exchange rate per 1 ruble.

Besides, from June 11 to June 17 the banks provided 29.6 billion drams in loans and $34.8 million loans in USD. ($1 –418.54 drams).—0–

spot_img

POPULAR

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img