Tue, 14 October
8.1 C
Yerevan
USD: 382.57 RUB: 4.73 EUR: 443.25 GEL: 141.20 GBP: 510.46

$62.8 million bought by commercial banks at Armenia’s intra-banking forex market

YEREVAN, July 27. /ARKA/. Commercial banks bought $62.8 million at 478.91 drams per one dollar at Armenia’s intra-banking foreign exchange market over a period between July 20 and 24, the press office of the Central Bank of Armenia reports.

They also bought €7.3 million and 1 billion Russian rubles at the mentioned period at 519.63 drams and 8.32 drams respectively.

Commercial banks sold $70.8 million, €13 million and 186.2 million at the intra-banking forex market over the same period at 480.39 drams, 525.21 drams and 8.47 drams respectively.

The loans extended by Armenia’s commercial banks in drams amounted to $31.9 billion, and dollar loans totaled $34.8 million at a period between July 13 and 19. ($1 – AMD 477.85). —-0—–

spot_img

POPULAR

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.

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.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

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.

LATEST NEWS

spot_imgspot_imgspot_img