Wed, 25 February
-0.9 C
Yerevan
USD: 377.84 RUB: 4.93 EUR: 445.25 GEL: 141.25 GBP: 509.74

Around $86.5 million bought by Armenian banks last week

YEREVAN, May 22. /ARKA/. Armenia’s commercial banks bought around $86.5 million from the local foreign currency market on May 15 to 20 at the average weighted exchange rate of 424.84 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 10.4 million euros and 1.3 billion Russian rubles at the average weighted exchange rates of 531.73 and 8.45 drams per one euro and one ruble respectively.

The banks also sold about $94.6 million, € 15.1 million and 415.2 million rubles at average weighted exchange rates of 484.36, 535.12 and 8.55 drams respectively.

Dollar exchange transactions totaling $400 000 have been effected at NASDAQ OMX Armenia stock exchange over the mentioned period at 483.20 drams per one dollar.

In addition, from May 8 to 14, the banks provided 30.2 billion drams worth loans in the national currency and $29.9 million worth loans in USD. ($ 1- AMD 483.05 drams). –0—-

spot_img

POPULAR

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

Investment portfolio of Armenian credit institutions in 2025 exceeded 103 billion drams

The total investment portfolio of Armenian credit institutions at the end of 2025 amounted to 103.4 billion drams, according to the consolidated financial report of the country's credit institutions.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 20, 2026, fell by 0.12 points compared to February 19, to 376.82 drams.

Ranking of most profitable credit institutions in Armenia by the end of 2025

ARKA News Agency has published a ranking of the most profitable credit institutions in Armenia for 2025.

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

LATEST NEWS

spot_imgspot_imgspot_img