Thu, 6 March
4.1 C
Yerevan
USD: 394.58 RUB: 4.43 EUR: 425.79 GEL: 141.83 GBP: 507.86
spot_img

$95.1 million bough, $82.1 million sold by Armenia’s commercial banks last week

YEREVAN, July 17. /ARKA/. Armenia’s commercial banks bought around $95.1 million from the local foreign currency market on July 10 to 14 at the average weighted exchange rate of 478.30 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 8.9 million euros and 1.4 billion Russian rubles at the average weighted exchange rates of 544.41 and 7.89 drams per one euro and one ruble respectively.

The banks also sold about $82.1 million, € 15.1 million and 661.4 million rubles at average weighted exchange rates of 479.70, 548.19 and 7.99 drams respectively.

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

In addition, from July 3 to July 9, the banks provided 45.1 billion drams worth loans in the national currency and $45.2 million worth loans in USD. ($ 1- AMD 478.88 drams). –0—-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Euro exchange rate rose by 2.01 points

The average market exchange rate of the U.S. dollar to the Armenian dram on March 4, 2025, amounted to 393.86 drams, having increased by 0.17 points compared to March 3.

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate gains 2.01 points

The average market exchange rate of the U.S. dollar to the Armenian dram on March 3, 2025, amounted to 393.69 drams, having increased by 0.34 points compared to February 28.

LATEST NEWS

spot_imgspot_imgspot_img