Sun, 30 November
9.1 C
Yerevan
USD: 381.43 RUB: 4.86 EUR: 440.89 GEL: 141.17 GBP: 503.72

$96 million bought by banks at Armenia’s intra-bank forex market last week

YEREVAN, July 21. /ARKA/. Commercial banks bought 96 million US dollars at Armenia’s intra-bank forex market over a period between July 14 and 18 at 406.6 drams per one dollar, on average, the press office of the Central Bank of Armenia reports.

It has also become known from the press release that about 6.2 million euros and 984.25 million Russian rubles were bought here over the same period at 551.43 drams, on average, per one euro and 11.72 drams per one ruble.

The banks sold $99.7 million, €15.2 million and 246.8 million rubles here at 407.7 drams, 554.83 drams and 11.9 drams respectively. Armenia’s banks lent AMD 36.2 billion and $43.1 million over a period from July 7 to 13. ($1 – AMD 406.62). —-0—

spot_img

POPULAR

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.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

LATEST NEWS

spot_imgspot_imgspot_img