Wed, 10 September
24.1 C
Yerevan
USD: 382.49 RUB: 4.51 EUR: 447.51 GEL: 142.09 GBP: 517.74

Armenia’s Commercial Banks purchased $84.8 mln last week

YEREVAN, July 29. /ARKA/. Armenian commercial banks purchased over $84.8 million at an average weighted rate  of 409.65 drams per $1 from 22 to 26 July in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 7 million euros and over 868.9 million rubles at average weighted rates of  540.06  drams per €1 and 12.56 drams per 1 ruble respectively.

The banks sold over $100.6 million, nearly  €11.8 million and nearly 84.1 million rubles at average weighted rates of 410.83 drams, 542.70 drams and 12.73 drams respectively.

Moreover, from 15 to 21 July  the volume of AMD loans provided by the Armenian banks totaled  33.4 billion drams, and USD loans- $62.7 million. ($1 – 410.77 drams). —

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Market capitalization in August increased by 41.4% year-on-year to 460 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for August 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity.

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.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

LATEST NEWS

spot_imgspot_imgspot_img