Thu, 26 February
14.1 C
Yerevan
USD: 377.04 RUB: 4.90 EUR: 444.91 GEL: 141.00 GBP: 510.36

Armenia’s commercial banks purchase over $101.6 mln at intra-banking forex market last week

YEREVAN, February 3. /ARKA/. Armenian commercial banks purchased more than $101.6mln at a weighted average rate of 407.96drams per $1 in intra-banking foreign exchange market on January 29 – February 1, the press service of the Central Bank reported.

In the same period, about 4.8mln euros and over 585mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 554.53drams per €1 and 11.59drams per ruble respectively.

At the same time, about $132.2mln, about €12.3mln and about 95.3mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 408.93drams, 557.93drams and 11.76drams respectively.

Dram loans extended by Armenian banks during the week before (January 20-26) totalled 50.3bln drams; dollar loans amounted to a total of $30.5mln. ($1=408.03drams).–0–

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram fell after two days of gains: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 25, 2026, fell by 0.92 points compared to February 24, to 376.92 drams.

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

Acba Bank places 10 billion dram-denominated bonds

Acba Bank has begun placing coupon-bearing book-entry bonds through a public offering for a total of 10,000,000,000 (ten billion) drams, the bank's press service reported.

“Globbing” LLC’s bonds worth 1.5 billion drams and $2 million have been listed on Armenia Securities Exchange (AMX)

The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets.

LATEST NEWS

spot_imgspot_imgspot_img