Sun, 22 February
5.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Armenia’s commercial banks purchased over $98.5 mln last week

YEREVAN, December 10. /ARKA/. Armenian commercial banks purchased over $98.5 million at an average weighted rate  of 406.25 drams per $1 from 3 to 7 December 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 8 million euros and over 830.9 million rubles at average weighted rates of  529.51 drams per €1 and 13.05 drams per 1 ruble respectively.
The banks sold nearly  $$114.6 million, nearly €13.5 million and about 122.3 million rubles at average weighted rates of 407.24, 532.9 and 13.25 drams respectively.

Moreover, from November 26 to December 2 the volume of AMD loans provided by the Armenian banks totaled  41.8 billion drams, and USD loans- $68.5 million. ($1 – 407.24 drams). —

spot_img

POPULAR

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

EDB assesses factors driving Armenia’s GDP growth in 2026 – macro review

According to EDB forecasts, Armenia's GDP will grow by 5.3% in 2026.

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

Armenia’s gross reserves up by about USD 100 million, reaching USD5.2 billion in January

In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».

Head of the Union of Banks of Armenia named the riskiest lending sectors

Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.

LATEST NEWS

spot_imgspot_imgspot_img