Sun, 9 November
5.1 C
Yerevan
USD: 382.54 RUB: 4.73 EUR: 441.83 GEL: 141.43 GBP: 501.40

Armenia’s commercial banks purchase about $96.35 mln at intra-banking forex market last week

YEREVAN, June 23. /ARKA/. Armenian commercial banks purchased about $96.35mln at a weighted average rate of 410.19drams per $1 in intra-banking foreign exchange market on June 16- 20, the press service of the Central Bank reported.

In the same period, over 5.8mln euros and 887.05mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 555.15 drams per €1 and 11.78 drams per ruble respectively.

At the same time, about $106.5mln, about €12.5mln and over 145.7mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 411.19drams, 558.92drams and 11.98drams respectively.

Dram loans extended by Armenian banks during the week before (June 9-15) totalled about 36bln drams; dollar loans amounted to a total of $35.5mln. ($1=409.54drams). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

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.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img