Wed, 14 January
-0.9 C
Yerevan
USD: 380.83 RUB: 4.83 EUR: 444.28 GEL: 141.25 GBP: 512.94

Armenia’s commercial banks purchase over $92.9mln at intra-banking forex market last week

YEREVAN, April 8. /ARKA/. Armenian commercial banks purchased more than $92.9mln at a weighted average rate of 416.99drams per $1 in intra-banking foreign exchange market on April 1-5, the press service of the Central Bank reported.

In the period, about 4.4mln euros and over 438.2mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 534.17drams per €1 and 13.22drams per ruble respectively.

At the same time, about $112mln, about €9.1mln and about 86.7mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 418.54drams, 537.85drams and 13.36drams respectively.

Dram loans extended by Armenian banks during the week before (March 25-31) totaled 34.2bln drams; dollar loans amounted to a total of $105.4mln. ($1=418.25drams).  –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Armenia’s financial system in December 2025: interest rate declines, lending grows

In December 2025, Armenia's financial market was characterized by a combination of moderate monetary easing, continued high growth rates in bank lending, and the continued development of capital market instruments.

LATEST NEWS

spot_imgspot_imgspot_img