Wed, 20 August
36.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenia’s commercial banks purchase over $88.8 mln at intra-banking forex market last week

YEREVAN, February 24. /ARKA/. Armenian commercial banks purchased more than $88.8mln at a weighted average rate of 411.38drams per $1 in intra-banking foreign exchange market on February 17-21, the press service of the Central Bank reported.

In the same period, over 5mln euros and about 673.6mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 563.58 drams per €1 and 11.56drams per ruble respectively.

At the same time, about $112.7mln, about €9.2mln and over 102.8mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 412.88drams, 567.31drams and 11.70drams respectively.

Dram loans extended by Armenian banks during the week before (February 10-16) totalled 36.1bln drams; dollar loans amounted to a total of $41.3mln. ($1=412.81drams). –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

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

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.

Twenty-five billion AMD Government bond allocation auction took place on AMX

On August 12nd, an 25,000,000,000 AMD government bond allocation auction took place on the Armenia Stock Exchange. 

LATEST NEWS

spot_imgspot_imgspot_img