Thu, 6 February
1.1 C
Yerevan
USD: 396.58 RUB: 4.04 EUR: 413.36 GEL: 140.63 GBP: 497.27
spot_img

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Net inflow of remittances from Russia to Armenia in 2024 decreased by 52.3% – Ministry of Finance

In January-December 2024, the net inflow of remittances to Armenia decreased by 34.8%, with a decline of 52.3% from the Russian Federation and 3.5% from other countries.

Record growth of Armenian banks’ profits will allow reaching planned level of economic activity in 2025 – Galstyan

Armenia's banks have reported record profit growth in 2024, Central Bank Chairman Martin Galstyan said today.

Draft law on regulating crypto assets will soon be submitted to Armenian government

The draft law developed by the Central Bank of Armenia to regulate crypto assets will soon be submitted to the Armenian government for approval and then sent to parliament, the regulator's chairman Martin Galstyan said at a press conference today.

LATEST NEWS

spot_imgspot_imgspot_img