Mon, 18 August
29.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenia’s commercial banks purchase over $92.3mln at intra-banking forex market last week

YEREVAN, August 26. /ARKA/. Armenian commercial banks purchased more than $92.3mln at a weighted average rate of 405.60drams per $1 in intra-banking foreign exchange market on August 20-24, the press service of the Central Bank reported.

In the same period, about 7.9mln euros and over 1,015.3mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 540.43drams per €1 and 12.20drams per ruble respectively.

At the same time, about $99.3mln, about €10.9mln and about 103.8mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 406.75drams, 544.16drams and 12.37drams respectively.

Dram loans extended by Armenian banks during the week before (August 12-18) totalled 33.4bln drams; dollar loans amounted to a total of $38.5mln. ($1=406.04drams).–0–

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

Volume of loans issued by commercial banks of Armenia exceeded 7 trillion drams at the end of June

The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.

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.

LATEST NEWS

spot_imgspot_imgspot_img