Tue, 13 May
18.1 C
Yerevan
USD: 388.86 RUB: 4.80 EUR: 430.74 GEL: 141.89 GBP: 511.04
spot_img

Armenia’s commercial banks purchase over $103.8mln at intra-banking forex market last week

YEREVAN, April 15. ARKA/. Armenian commercial banks purchased more than $103.8mln at a weighted average rate of 417.56drams per $1 in intra-banking foreign exchange market on April 8-13, the press service of the Central Bank reported.

In the same period, about 6mln euros and over 662.6mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 543.39drams per €1 and 13.32drams per ruble respectively.

At the same time, about $109.6mln, about €12.7mln and about 118.6mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 418.79drams, 547.21drams and 13.48drams respectively.

Dram loans extended by Armenian banks during the week before (April 1-7) totalled 33.1bln drams; dollar loans amounted to a total of $31.6mln. ($1=417.40drams).  –0–

spot_img

POPULAR

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

US Dollar and Euro Exchange Rates Down Against Armenian Dram

As of May 2, 2025, the average market exchange rate for the U.S. dollar decreased by 0.53 points compared to April 30, landing at 389.41 drams.

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.

Net loan portfolio of Armenian banks in Q1 2025 increased by 32.4% to AMD 6.424 billion

The loan portfolio of the Armenian banking system, net of reserves, increased by 32.4% in the first quarter of 2025 compared to the same period last year, amounting to AMD 6.424 billion.

Market capitalization increased by 39% in April over the year, exceeding AMD 462 billion – Armenian Stock Exchange

Stock market capitalization increased by 39% in April over the year, exceeding AMD 462 billion, the press service of the Armenia Securities Exchange (AMX) reported.

LATEST NEWS

spot_imgspot_imgspot_img