Wed, 22 October
8.1 C
Yerevan
USD: 382.53 RUB: 4.71 EUR: 444.42 GEL: 141.18 GBP: 511.94

Armenia’s commercial banks purchase about $87.4 mln at intra-banking forex market last week

YEREVAN, August 19. /ARKA/. Armenian commercial banks purchased about $87.4mln at a weighted average rate of 410.47drams per $1 in intra-banking foreign exchange market on August 11 – 15, the press service of the Central Bank reported.

In the same period, over 5.3mln euros and 995.7mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 547.5 drams per €1 and 11.29 drams per ruble respectively.

At the same time, about $104.5mln, about €12.8mln and 117.7mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 411.69drams, 552.05 drams and 11.45drams respectively.

Dram loans extended by Armenian banks during the week before (August 4-10) totalled 30.4bln drams; dollar loans amounted to a total of about $31.4mln. ($1=409drams). –0–

spot_img

POPULAR

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.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

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