Tue, 30 September
17.1 C
Yerevan
USD: 382.75 RUB: 4.63 EUR: 448.54 GEL: 141.34 GBP: 513.96

Around $101.3 million bought by Armenian banks last week

YEREVAN, January 30. /ARKA/. Armenia’s commercial banks bought around $101.3 million from the local foreign currency market on January 23 to 27 at the average weighted exchange rate of 485.74 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.8 million euros and 701.1 million Russian rubles at the average weighted exchange rates of 518.59 and 8.12 drams per one euro and one ruble respectively.

The banks also sold about $104.3 million, € 8.7 million and 303 million rubles at average weighted exchange rates of 486.8, 523.2 and 8.22 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 January 16 to 22, the banks provided 39.1 billion drams worth loans in the national currency and $22.1 million worth loans in USD. ($ 1- 486.38 drams). –0—-

spot_img

POPULAR

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.

Armenia’s state budget deficit planned to be reduced to 1% by 2030, according to Finance Minister

Armenia's state budget deficit is planned to be reduced to 1% by 2030, announced Finance Minister Vahe Hovhannisyan.

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.

LATEST NEWS

spot_imgspot_imgspot_img