Fri, 9 January
-3.9 C
Yerevan
USD: 381.39 RUB: 4.74 EUR: 445.43 GEL: 141.58 GBP: 512.86

Around 159.2 million bought by Armenian banks last week

YEREVAN, January 23. /ARKA/. Armenia’s commercial banks bought around $159.2 million from the local foreign currency market on Jnauary 9 to 20 at the average weighted exchange rate of 484.92 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 14.5 million euros and 1 929.6 million Russian rubles at the average weighted exchange rates of 512.69 and 8.06 drams per one euro and one ruble respectively.

The banks also sold about $188.1 million, € 18.2 million and 800.5 million rubles at average weighted exchange rates of 486.27, 517.42 and 8.19 drams respectively.

No dollar exchange transactions have been effected at NASDAQ OMX Armenia stock exchange over the mentioned period. The last forex transition was registered here on May 17, 2016. It amounted to $100,000. The dollar then was sold at 477.75 drams.

In addition, from December 26 to January 15, the banks provided 111.5 billion drams worth loans in the national currency and $191.2 million worth loans in USD. ($ 1- 486.21 drams). –0—-

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro rises  against Armenian dram, while US  dollar and ruble fall

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market onDecember 30, 2025, fell by 0.1 points compared to December 29, to 381.36 drams.

ARKA news agency wishes everyone a Happy New Year and Merry Christmas

Dear readers! As we approach the end of this year, we want to express one crucial sentiment: thank you for your trust and engagement.

LATEST NEWS

spot_imgspot_imgspot_img