Tue, 19 August
28.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

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

YEREVAN, September 1. /ARKA/. Armenian commercial banks purchased about $78.6mln at a weighted average rate of 409.57drams per $1 in intra-banking foreign exchange market on August 25- 29, the press service of the Central Bank reported.

In the same period, over 7.2mln euros and about 963.5mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 539.02 drams per €1 and 11.23 drams per ruble respectively.

At the same time, about $94.6mln, about €12mln and 93.3mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 410.73drams, 543.45drams and 11.38drams respectively.

Dram loans extended by Armenian banks during the week before (August 18-24) totalled about 42.3bln drams; dollar loans amounted to a total of $36.9mln. ($1=411.23drams). –0–

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

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.

Unibank Becomes the Gold Sponsor of FC Alashkert

Unibank and FC Alashkert have signed a long-term partnership agreement. As part of this cooperation, Unibank has become the gold sponsor of the club, supporting it during the current season of the Armenian Championship.

LATEST NEWS

spot_imgspot_imgspot_img