Thu, 14 August
33.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenia’s commercial banks purchased over $67.1 mln last week

YEREVAN, February 25. /ARKA/. Armenian commercial banks purchased over $67.1 million at an average weighted rate of 406.42 drams per $1 from 18 to 22 February 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 4.4 million euros and over 475.5 million rubles at average weighted rates of 540.12 drams per €1 and 13.37 drams per 1 ruble respectively.

The banks sold about $74.1 million, nearly €9 million and around 81 million rubles at average weighted rates of 407.51 drams, 543.19 drams and 13.55 drams respectively.

Moreover, from 11 to 17 February the volume of AMD loans provided by the Armenian banks totaled 34.4 billion drams, and USD loans- $51.6 million. ($1 – 407.49 drams).—

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro Jumps 1.93 Points to AMD 445.22 as USD drops slightly

The average market exchange rate of the US dollar to the Armenian Dram on August 6, 2025, fell by 0.35 points compared to August 5 and amounted to AMD 383.68.

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Armenian Central Bank unveils amendments to law On Combating Money Laundering and Terrorist Financing

On August 8, 2025, the law "On Amendments and Additions to the Law "On Combating Money Laundering and Terrorist Financing" will come into force in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img