Thu, 24 July
27.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Armenia’s commercial banks purchase about $89.6 mln at intra-banking forex market last week

YEREVAN, June 22. /ARKA/. Armenian commercial banks purchased about $89.6 mln at a weighted average rate of 473.93 drams per $1 in intra-banking foreign exchange market on June 15 to 19, the press service of the Central Bank reported.

In the same period, about 8 mln euros and about 1 billion rubles were purchased on the intra-banking forex market at weighted average exchange rates of 533.36 drams per €1 and 8.85 drams per ruble respectively.

At the same time, about $87.7 mln, €9.3 mln and about 171.6 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 475.45 drams, 538.01 drams and 8.85 drams respectively.

Dram loans extended by Armenian banks during the week before (June 8-14) totaled about $33.8 bln; dollar loans amounted to a total of $39.7mln. ($1=473.42 drams). –0–

spot_img

POPULAR

US dollar rises slightly against Armenian dram, euro and ruble fall

The average market exchange rate of the US dollar against the Armenian dram as of July 17, 2025, rose by 0.16 points compared to July 16 and amounted to 384.12 drams.

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.

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.

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.

Armenia and EIB sign financial agreement for Resilient Syunik Program worth €50 million

A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.

LATEST NEWS

spot_imgspot_imgspot_img