Sun, 20 July
25.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Armenian banks buy $76.9 million last week

YEREVAN, April 25. / ARKA /. On April 18-22 Armenian commercial banks bought a total of $76.9 million at the local forex market at the average weighted exchange rate of 479.92 drams per one USD, the Central Bank said.

They also bought 9.3 million euros at the average weighted exchange rate of 539.48 drams per one euro and 777.3 million Russian rubles at the average weighted exchange rate of 7.18 drams per one ruble.

At the same time, they sold about $61 million, 9.8 million euros and about 358.4 million rubles at the weighted average exchange rates of 481.6, 545.48 and 7.32 drams respectively.

In addition, from the 18th to 22nd of  April the banks provided 34.4 billion drams worth loans in the national currency and $48.6 million worth loans in USD. ($ 1- 479.13 drams).  -0

spot_img

POPULAR

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Armenian Market: Acceleration of Economic Activity is Positive for the Market

In the period from June 16 to June 30, 2025, the Armenian stock market demonstrated mixed dynamics.

Euro falls by 1.14 drams against Armenian dram, as US dollar rises slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 11, 2025, increased by 0.17 points compared to July 10 and amounted to 383.91 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

LATEST NEWS

spot_imgspot_imgspot_img