Wed, 23 July
34.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Armenia’s commercial banks purchase about $66.9 mln at intra-banking forex market last week

YEREVAN, June 1. /ARKA/. Armenian commercial banks purchased about $66.9 mln at a weighted average rate of 477.79 drams per $1 in intra-banking foreign exchange market on May 25 to 29, the press service of the Central Bank reported.

In the same period, about 4.7 mln euros and about 657.7 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 522.89 drams per €1 and 9.36 drams per ruble respectively.

At the same time, about $63.1mln, €8.9mln and about 214 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 480.1 drams, 528.16 drams and 9.49drams respectively.

Dram loans extended by Armenian banks during the week before (May 18 to May 24) totaled about 33.3bln drams; dollar loans amounted to a total of $33.1mln. ($1=478.54 drams). –0–

spot_img

POPULAR

Euro falls by 2.8 points against Armenian dram, meanwhile, US dollar and ruble decline slightly

As of July 16, 2025, the average market exchange rate of the U.S. dollar against the Armenian dram fell by 0.16 points compared to July 15, amounting to 383.96 drams.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Euro and dollar rise against Armenian dram, as Russian ruble falls slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 14, 2025, increased by 0.23 points compared to July 11 and amounted to 384.14 drams.

Viva Armenia CJSC bonds listed on Armenia Stock Exchange

The Armenia Stock Exchange (AMX) is pleased to welcome another major company to the capital market. Viva Armenia CJSC’s USD-denominated bonds will be listed on the Armenia Stock Exchange starting from 15 July.

LATEST NEWS

spot_imgspot_imgspot_img