Wed, 29 October
17.1 C
Yerevan
USD: 382.62 RUB: 4.79 EUR: 445.68 GEL: 140.96 GBP: 505.75

Armenian commercial banks purchase over $82.9mln on intra-banking forex market last week

YEREVAN, November 26. /ARKA/. Armenian commercial banks purchased more than $82.9mln at a weighted average rate of 406.5drams per $1 on the intra-banking foreign exchange market on November 19-23, the press service of the Central Bank reported.

In the same period, about 4.8mln euros and 757.1mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 518.68drams per €1 and 12.83drams per ruble respectively.

At the same time, $89.9mln, about €12.9mln and about 81.4rubles were sold on the intra-banking forex market at weighted average exchange rates of 407.56drams, 522.39drams and 13.01drams respectively.

Dram loans extended by Armenian banks from November 12 to November 18 totalled 31.1bln drams; dollar loans were $36.4mln. ($1=406.37drams).–0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

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.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img