Tue, 8 July
24.1 C
Yerevan
USD: 384.11 RUB: 4.88 EUR: 450.45 GEL: 141.38 GBP: 522.39

Armenia’s commercial banks purchase about $93.1 mln at intra-banking forex market last week

YEREVAN, March 24. /ARKA/. Armenian commercial banks purchased about $93.1mln at a weighted average rate of 414.28drams per $1 in intra-banking foreign exchange market on March 17-21, the press service of the Central Bank reported.

In the same period, over 5.7mln euros and about 630.2mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 573.88 drams per €1 and 11.30 drams per ruble respectively.

At the same time, over $110.2mln, about €10.2mln and 125.8mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 415.47drams, 577.20drams and 11.48drams respectively.

Dram loans extended by Armenian banks during the week before (March 10-16) totalled 39.7bln drams; dollar loans amounted to a total of $50mln. ($1=414.37drams).–0–

spot_img

POPULAR

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

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.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

Unibank becomes title sponsor of Urartu football club

Unibank and Urartu football club announced the start of a long-term partnership. On June 27, 2025, a signing ceremony was held at the club's training base, whereby Unibank has become the title sponsor of the club.

LATEST NEWS

spot_imgspot_imgspot_img