Tue, 18 November
12.1 C
Yerevan
USD: 381.72 RUB: 4.70 EUR: 442.60 GEL: 140.99 GBP: 502.04

$74.8 million bought by commercial banks at Armenia’s intra-banking forex market

YEREVAN, August 17. /ARKA/. Commercial banks bought $74.8 million at 477.62 drams per one dollar at Armenia’s intra-banking foreign exchange market over a period between August 10 and 14, the press office of the Central Bank of Armenia reports.

They also bought €8 million and 954.6 million Russian rubles at the mentioned period at 524.24 drams and 7.37 drams respectively.

Commercial banks sold $81 million, €11 million and 270.46 million at the intra-banking forex market over the same period at 479 drams, 528.51 drams and 7.52 drams respectively.

The loans extended by Armenia’s commercial banks in drams amounted to $33 billion, and dollar loans totaled $54.1 million at a period between August 10 and 14. ($1 – AMD 478.05). —-0—–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

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.

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.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img