Mon, 8 September
31.1 C
Yerevan
USD: 382.77 RUB: 4.70 EUR: 447.46 GEL: 142.16 GBP: 515.90

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Freedom Broker Armenia ranks as one of the largest taxpayer in Armenia

Freedom Broker Armenia has been recognized as one of the largest taxpayers in the country, underscoring its leadership in the investment sector and commitment to sustainable business practices.

Armenia to receive 45.3 million euros from ADB to improve healthcare quality

Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.

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.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img