Mon, 6 October
27.1 C
Yerevan
USD: 382.58 RUB: 4.60 EUR: 446.20 GEL: 140.78 GBP: 513.46

Around $78.6 million bought by Armenian banks last week

YEREVAN, August 14. /ARKA/. Armenia’s commercial banks bought around $78.6 million from the local foreign currency market on July 28 to August 4 at the average weighted exchange rate of 477.99 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 10.3 million euros and 1.2 billion Russian rubles at the average weighted exchange rates of 561.36 and 7.92 drams per one euro and one ruble respectively.

The banks also sold about $86.8 million, € 17.5 million and 459.8 million rubles at average weighted exchange rates of 479.28, 566.98 and 8.02 drams respectively.

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

In addition, from July 31 to August 6, the banks provided 37.2 billion drams worth loans in the national currency and $56 million worth loans in USD. ($ 1- AMD 478.52 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.

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.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img