Fri, 25 July
25.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Armenia’s commercial banks purchase over $88.8mln last week

YEREVAN, August 5. /ARKA/. Armenian commercial banks purchased over $88.8mln at a weighted average rate of 409.22 drams per $1 in intra-banking foreign exchange market from July 29 to August 2, the Central Bank reported.

At the same time, the banks obtained about 6.3mln euros and over 848.7 mln rubles at weighted average exchange rates of 541.61 drams per €1 and 12.36 drams per ruble respectively.

At the same time, the banks sold about $102 mln, about €10.8mln and nearly 118.2mln rubles at weighted average exchange rates of 410.50, 545.30 and 12.53 drams respectively.

AMD loans provided by Armenian banks from 22 to 28 July totalled 28bln drams; dollar loans amounted to $60.1mln. ($1=410.11drams).–0–

spot_img

POPULAR

US dollar rises slightly against Armenian dram, euro and ruble fall

The average market exchange rate of the US dollar against the Armenian dram as of July 17, 2025, rose by 0.16 points compared to July 16 and amounted to 384.12 drams.

Annual meeting of BSTDB Board of Governors to be held in Yerevan

The President of the Black Sea Trade and Development Bank (BSTDB) Serhat Köksal expressed his gratitude for hosting the annual meeting of the BSTDB Board of Governors in Yerevan during a meeting with Armenian Prime Minister Nikol Pashinyan on Tuesday.

Euro falls by 2.8 points against Armenian dram, meanwhile, US dollar and ruble decline slightly

As of July 16, 2025, the average market exchange rate of the U.S. dollar against the Armenian dram fell by 0.16 points compared to July 15, amounting to 383.96 drams.

In Armenia, bad loans worth over $1 million have been written off under the state support program – Ministry of Social Affairs

14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

LATEST NEWS

spot_imgspot_imgspot_img