Wed, 25 February
6.1 C
Yerevan
USD: 376.92 RUB: 4.92 EUR: 444.01 GEL: 140.90 GBP: 509.29

Armenia’s commercial banks purchase over $82.5mln at intra-banking forex market last week

YEREVAN, June 3. /ARKA/. Armenian commercial banks purchased more than $82.5mln at a weighted average rate of 416.12drams per $1 in intra-banking foreign exchange market from May 27 to June 1, the press service of the Central Bank reported.

In the same period, about 8.6mln euros and over 693mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 538.5drams per €1 and 13.10drams per ruble respectively.

At the same time, about $89.9mln, about €12.5mln and about 93.6mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 417.40drams, 542.06drams and 13.28drams respectively.

Dram loans extended by Armenian banks during the week before (May 20-26) totalled 37bln drams; dollar loans amounted to a total of $51.4mln. ($1=417.19drams). –0–

spot_img

POPULAR

“Globbing” LLC’s bonds worth 1.5 billion drams and $2 million have been listed on Armenia Securities Exchange (AMX)

The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets.

Acba Bank places 10 billion dram-denominated bonds

Acba Bank has begun placing coupon-bearing book-entry bonds through a public offering for a total of 10,000,000,000 (ten billion) drams, the bank's press service reported.

Capital of credit institutions in Armenia increased by 10.8% in 2025, exceeding 453.8 billion drams

The total capital of Armenia's credit institutions at the end of 2025 amounted to 453.9 billion drams, an increase of 10.84% ​​compared to 2024, according to the consolidated financial report of the country's credit institutions.

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

LATEST NEWS

spot_imgspot_imgspot_img