Fri, 7 March
4.1 C
Yerevan
USD: 394.58 RUB: 4.43 EUR: 425.79 GEL: 141.83 GBP: 507.86
spot_img

Armenian banks bought $77.7 million last week

YEREVAN, September 17. /ARKA/. Armenian commercial banks bought a total of $77.7 million at the local foreign exchange market on September 9-13 at the average exchange rate of 409.49 drams for $1, the press service of the Central Bank said.

In the same time span the banks bought around 10.5 million euros and more than 863.9 million rubles at average exchange rates of 540.88 drams for 1€ and 12,30 drams for 1 ruble respectively.

During the week the banks were said to have sold a total of $79.7 million, around €10.3 million and approximately 115.3 million rubles at 410.91, 544.49 and 12.49 drams respectively.

Besides, the banks issued 34.3 billion drams worth loans in the Armenian currency and $43.7 million worth loans in USD. ($ 1 – 409.41 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Euro exchange rate rose by 2.01 points

The average market exchange rate of the U.S. dollar to the Armenian dram on March 4, 2025, amounted to 393.86 drams, having increased by 0.17 points compared to March 3.

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate gains 2.01 points

The average market exchange rate of the U.S. dollar to the Armenian dram on March 3, 2025, amounted to 393.69 drams, having increased by 0.34 points compared to February 28.

LATEST NEWS

spot_imgspot_imgspot_img