Tue, 7 October
17.1 C
Yerevan
USD: 382.58 RUB: 4.60 EUR: 446.20 GEL: 140.78 GBP: 513.46

Armenia’s commercial banks purchase about $69 mln at intra-banking forex market last week

YEREVAN, December 8. /ARKA/. Armenian commercial banks purchased about $69 mln at a weighted average rate of 438.91rams per $1 in intra-banking foreign exchange market on December 1 to December 5, the press service of the Central Bank reported.

In the same period, 7.7 mln euros and about 713.3 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 544.54 drams per €1 and 8.38 drams per ruble respectively.

At the same time, about $145.4mln, €13.1mln and 228.2mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 442.91drams, 556.85drams and 8.77drams respectively.

Dram loans extended by Armenian banks during the week before (November 24-30) totaled about 48.5bln drams; dollar loans amounted to a total of $75.4mln. ($1=447.86drams). –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.

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.

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

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img