Sun, 27 July
26.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenian banks obtain nearly $84.03 mln last week

YEREVAN, August 21. /ARKA/. Commercial banks of Armenia obtained $84.03 million at an average weighted exchange rate of 410.98 per $1 at intra-banking market of foreign currency within  August 14-18, according to the data available on Central Bank’s website.

In intra-banking market of foreign currency about 12.1 million euros and about 866.2 million rubles at weighted average rate of 505.64 drams per €1 and 12.77 drams per 1 ruble were obtained.
At the same time, the banks sold nearly $102 million, about €10.2 million and over 100.3 million rubles at 412.04 drams, 508.46 drams and 12.98 drams respectively.

Moreover, from 6 August to 12 August Armenian banks allocated 26.4 billion drams, and $37.3 million in loans. ($1 –410.97 drams). —0–

spot_img

POPULAR

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

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.

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

LATEST NEWS

spot_imgspot_imgspot_img