Tue, 17 June
15.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Armenian banks buy $81.7 million at forex market on June 13-17

YEREVAN, June 20. /ARKA/. Armenian commercial banks bought a total of $81.7 million at the local intra-bank forex market from 13 to 17 of June at the average weighted exchange rate of 477.30 drams per one USD, the Central Bank said today.

The banks were said to have also bought 6.1 million euros and some 996.4 million Russian rubles at the average weighted exchange rates of 536.06 and 7.124 drams per one euro and one ruble respectively.

At the same time, they sold $80.2 million, €10.2 million and 412 million rubles at the average weighted average exchange rates of 478.90, 539.69 and 7.33 drams respectively.

Besides,  from 6 to 12 June, the banks provided 43.2 billion drams worth loans in the national currency and also  $33.9 million  worth loans in USD ($ 1- 477.82 drams).. -0-

spot_img

POPULAR

CBA introduces Master Documentation for Derivatives and Repurchase Transactions in Armenia

The Central Bank of Armenia (CBA), with technical assistance from the European Bank for Reconstruction and Development (EBRD) and financial support from the Japanese government, has introduced master documentation for derivatives and repurchase transactions that is governed by Armenian law.

Euro to Armenian dram exchange rate fell by 3.77 points

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 13, 2025, fell by 0.25 points compared to June 12 and amounted to 383.23 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Freedom Broker Armenia analytics: A practical tool for navigating the market

Freedom Broker Armenia is strengthening its expert support for investors through the development of its own analytical platform.

Central Bank of Armenia will develop a by-law for the implementation of the law “On crypto assets”

The Central Bank of Armenia will begin work on developing a by-law after the adoption of the law "On crypto assets", said the head of the regulator Martin Galstyan, answering a question from the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img