Fri, 24 October
11.1 C
Yerevan
USD: 382.54 RUB: 4.70 EUR: 443.29 GEL: 140.81 GBP: 510.19

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

LATEST NEWS

spot_imgspot_imgspot_img