Mon, 29 September
9.1 C
Yerevan
USD: 382.71 RUB: 4.59 EUR: 446.43 GEL: 141.38 GBP: 510.80

Around $70.6 million bought by Armenian banks last week

YEREVAN, May 2. /ARKA/. Armenia’s commercial banks bought around $70.6 million from the local foreign currency market on April 25 to 28 at the average weighted exchange rate of 483.8 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 9.3 million euros and 860.9 million Russian rubles at the average weighted exchange rates of 523.62 and 8.55 drams per one euro and one ruble respectively.

The banks also sold about $81.5 million, € 12.4 million and 472.8 million rubles at average weighted exchange rates of 483.8, 527.39 and 8.63 drams respectively.

No dollar exchange transactions have been effected at NASDAQ OMX Armenia stock exchange over the mentioned period.

In addition, from April 17 to 23, the banks provided 49.2 billion drams worth loans in the national currency and $35.6 million worth loans in USD. ($ 1- AMD 484.68 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.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

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.

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.

LATEST NEWS

spot_imgspot_imgspot_img