Sun, 9 November
18.1 C
Yerevan
USD: 382.54 RUB: 4.73 EUR: 441.83 GEL: 141.43 GBP: 501.40

Armenian banks bought a total of $69.9 million at local inter-bank forex market from February 13 to February 17

YEREVAN, February 21. /ARKA/. Armenian banks bought a total of $69.9 million at the local inter-bank forex market in a time span from February 13 to February 17 at the weighted average exchange rate of 485.82 drams per one USD, the Central Bank reported today.

It said the banks bought also 7.2 million euros and about 797.09 million Russian rubles at the weighted average exchange rates of 514.69 drams per € 1 and 8.39 drams per 1 ruble respectively.

In the same time span the banks sold about $83.8 million, 10.1 million euros and 487.2 million Russian rubles at the weighted average exchange rates of 487.37, 518.69 and 8.46 drams per one USD, one euro and one ruble respectively.

One transaction with US dollars worth $400,000 was effected in the same time span at NASDAQ OMX Armenia stock exchange at the weighted average exchange rate of 487 drams per one USD.

Besides, from February 6 to February 12 the local banks provided about 44.9 billion drams worth loans in the Armenian national currency and $41.1 million worth loans in USD. ($ 1- 486.74 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

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.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

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.

LATEST NEWS

spot_imgspot_imgspot_img