Mon, 20 October
9.1 C
Yerevan
USD: 382.59 RUB: 4.71 EUR: 447.25 GEL: 141.36 GBP: 513.89

Armenia’s commercial banks purchase about $82 mln at intra-banking forex market last week

YEREVAN, July 6. /ARKA/. Armenian commercial banks purchased about $82 mln at a weighted average rate of 472.07 drams per $1 in intra-banking foreign exchange market on June 29 to July 3, the press service of the Central Bank reported.

In the same period, about 8.2 mln euros and about 1.1 billion rubles were purchased on the intra-banking forex market at weighted average exchange rates of 523.44 drams per €1 and 8.45 drams per ruble respectively.

At the same time, about $88.6 mln, €15.1 mln and about 238.6 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 473.32 drams, 528.38 drams and 8.61 drams respectively.

Dram loans extended by Armenian banks during the week before (June 22-28) totaled about $29.9 bln; dollar loans amounted to a total of $37.4mln. ($1=473.52 drams). –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.

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.

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.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

LATEST NEWS

spot_imgspot_imgspot_img