Sun, 6 July
15.1 C
Yerevan
USD: 384.26 RUB: 4.88 EUR: 452.58 GEL: 141.37 GBP: 524.44

Around $73.5 million bought by Armenian banks last week

YEREVAN, November 14. /ARKA/. Armenia’s commercial banks bought around $73.5 million from the local foreign currency market on November 7 to 11 at the average weighted exchange rate of 477.4 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 6.9 million euros and 856.7 million Russian rubles at the average weighted exchange rates of 526.02 and 7.43 drams per one euro and one ruble respectively.

The banks also sold about $82.2 million, € 11.4 million and 450.7 million rubles at average weighted exchange rates of 479.09, 528.83 and 7.54 drams respectively.

In addition, from October 31 to November 6, the banks provided 55 billion drams worth loans in the national currency and $44.7 million worth loans in USD. ($ 1- 477.34 drams).  —0—-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

US dollar exchange rate slightly down, those of euro and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on May 13, 2025, decreased by 0.78 points compared to May 12 and amounted to 388.08 drams.

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.

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img