Tue, 1 July
14.1 C
Yerevan
USD: 384.47 RUB: 4.90 EUR: 450.83 GEL: 141.25 GBP: 526.80

About $86 million bought by commercial banks at Armenia’s intra-banking forex market

YEREVAN, August 10. /ARKA/. Commercial banks bought about $86 million at 477.53 drams per one dollar at Armenia’s intra-banking foreign exchange market over the period between August 3 and 7, the press office of the Central Bank of Armenia reports.

They also bought €6.7 million and about 924.2 million Russian rubles in the mentioned period at 521.57 drams and 7.53 drams respectively.

Commercial banks sold $99.5 million, €12.4 million and about 307.5 million rubles at the intra-banking forex market over the same period at 478.83 drams, 525.32 drams and 7.71 drams respectively.

The loans extended by Armenia’s commercial banks in drams amounted to 39.3 billion drams, and dollar loans totaled $106.6 million in the period between July 27 and August 2. ($1 – AMD 478.29). –0–

spot_img

POPULAR

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

AMX Reaffirms Compliance with International ISO Standards

The Armenia Stock Exchange and Central Depository (AMX) have successfully completed their compliance certification with ISO 27001:2022 for Information Security Management and ISO 9001:2015 for Quality Management Systems.

LATEST NEWS

spot_imgspot_imgspot_img