Tue, 16 September
15.1 C
Yerevan
USD: 383.12 RUB: 4.62 EUR: 450.36 GEL: 141.63 GBP: 521.31

$77.9 million bought by commercial banks at Armenia’s intra-bank Forex Market last week

YEREVAN, July 14. /ARKA/. Commercial banks bought $77.9 million at Armenia’s intra-bank forex market over a period between July 6 and 10 at AMD 473.78 drams per one dollar, the press office of the Central Bank of Armenia reports.

They also bought here €8.6 million and 1.1 billion Russian rubles at 522.95 drams per one Euro and 8.32 drams per one Russian ruble, on average.

According to the report, $74 million, €15 million and 243.6 million rubles were sold at the intra-bank market over the mentioned period at 475.76 drams, 526.91 drams and 8.47 drams respectively.

The loans extended by Armenian banks in drams totaled $34.3 billion at a period between June 29 and July 5, and lending in dollars amounted to $34.9 million. ($1 – AMD 477.18). –0–

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Head of Central Bank of Armenia sees no reason to reduce mortgage interest rates

Martin Galstyan, the Chairman of Armenia's Central Bank, stated that he finds no grounds for reducing interest rates on mortgage loans.

Euro and dollar rise against Armenian dram, while ruble falls

The average market exchange rate of the US dollar to the Armenian dram as of September 9, 2025, rose by 0.45 points compared to September 8 and amounted to 382.95 drams.

Regulation of cryptocurrency assets should adopt a pragmatic approach – Chairman of  Central Bank of Armenia

Martin Galstyan, the Chairman of the Central Bank of Armenia, asserts that a pragmatic strategy is essential to mitigate risks associated with the regulation of the cryptocurrency sector.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img