Tue, 14 October
8.1 C
Yerevan
USD: 382.57 RUB: 4.73 EUR: 443.25 GEL: 141.20 GBP: 510.46

Armenia’s commercial banks purchase over $93.5mln at intra-banking forex market last week

YEREVAN, July 1. /ARKA/. Armenian commercial banks purchased more than $93.5mln at a weighted average rate of 409.57drams per $1 in intra-banking foreign exchange market on June 24-28, the press service of the Central Bank reported.

In the same period, about 6.9mln euros and over 761.9mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 534.52drams per €1 and 12.40drams per ruble respectively.

At the same time, about $99.1mln, about €14.9mln and about 123.4mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 411.17drams, 537.97drams and 12.59drams respectively.

Dram loans extended by Armenian banks during the week before (June 17-23) totalled 33.3bln drams; dollar loans amounted to a total of $40.3mln. ($1=409.90drams). –0–

spot_img

POPULAR

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

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.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

LATEST NEWS

spot_imgspot_imgspot_img