Thu, 3 July
19.1 C
Yerevan
USD: 384.51 RUB: 4.89 EUR: 452.41 GEL: 141.37 GBP: 526.78

Armenia’s commercial banks purchase over $97.4mln at intra-banking forex market last week

YEREVAN, November 25. /ARKA/. Armenian commercial banks purchased more than $97.4mln at a weighted average rate of 404.25 drams per $1 in intra-banking foreign exchange market on November 18 – 22, the press service of the Central Bank reported.

In the same period, about 8.9mln euros and over 824.3mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 543.55drams per €1 and 12.26drams per ruble respectively.

At the same time, about $103.2mln, about €12.5 mln and about 96.5 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 405.35drams, 547.49drams and 12.43drams respectively.

Dram loans extended by Armenian banks during the week before (November 11-17) totalled 36.9bln drams; dollar loans amounted to a total of $55.1mln. ($1=404.64drams). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Central Bank of Armenia refrains from forecasting the exchange rate of dram for 2025

The Chairman of the Central Bank of Armenia Martin Galstyan declined today forecasts on the exchange rate of the national currency , the dram, against the US dollar for the next year and did not comment on the impact of the recent fluctuations of the Russian ruble.   

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

LATEST NEWS

spot_imgspot_imgspot_img