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

Around $70.9 million bought by Armenian banks last week

YEREVAN, October 30. /ARKA/. Armenia’s commercial banks bought around $70.9 million from the local foreign currency market on October 23 to 27 at the average weighted exchange rate of 481.51 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.9 million euros and 1.35 billion Russian rubles at the average weighted exchange rates of 565.43 and 8.33 drams per one euro and one ruble respectively.

The banks also sold about $84.56 million, € 16.4 million and 531.39 million rubles at average weighted exchange rates of 482.90, 569.12 and 8.42 drams respectively.

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

In addition, from October 16 to 22, the banks provided 45.4 billion drams worth loans in the national currency and $72.2 million worth loans in USD. ($ 1- AMD 482.24 drams). –0—-

spot_img

POPULAR

“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 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 Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

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.

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