Fri, 5 September
29.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenia’s commercial banks purchase over $78.6 mln at intra-banking forex market last week

YEREVAN, April 14. /ARKA/. Armenian commercial banks purchased more than $78.6mln at a weighted average rate of 414.73drams per $1 in intra-banking foreign exchange market on April 7-11, the press service of the Central Bank reported.

In the same period, over 5mln euros and about 594.2mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 570.97 drams per €1 and 11.59drams per ruble respectively.

At the same time, about $82.95mln, about €9.1mln and 116mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 415.936drams, 574.08drams and 11.70drams respectively.

Dram loans extended by Armenian banks during the week before (March 31-April 6) totalled 42.9bln drams; dollar loans amounted to a total of $56.2mln. ($1=415.44drams).–0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Acba Bank’s 66th branch launched

Acba Bank has launched its 66th branch, "Homeplex Mall". The branch is open from Monday to Sunday from 09:00 to 24:00 (cash service: 09:00-21:15).

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

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

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

LATEST NEWS

spot_imgspot_imgspot_img