Mon, 2 March
1.1 C
Yerevan
USD: 377.00 RUB: 4.88 EUR: 444.78 GEL: 140.99 GBP: 507.97

Around $71.3 million bought by Armenian banks last week

YEREVAN, November 13. /ARKA/. Armenia’s commercial banks bought around $71.3 million from the local foreign currency market on November 6 to 10 at the average weighted exchange rate of 485.33 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 8.3 million euros and 1 billion Russian rubles at the average weighted exchange rates of 562.12 and 8.20 drams per one euro and one ruble respectively.

The banks also sold about $80.8 million, € 14.8 million and 638.8 million rubles at average weighted exchange rates of 487.19, 565.99 and 8.31 drams respectively.

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

In addition, from October 30 to November 5, the banks provided 67.5 billion drams worth loans in the national currency and $45.2 million worth loans in USD. ($ 1- AMD 487.29 drams). -0—-

spot_img

POPULAR

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.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (February 16-22)

Last week, the Armenian financial market was distinguished by intensified institutional interactions in the banking sector and debt market dynamics.

S&P assesses risks to Armenia’s financial stability as contained

International rating agency S&P Global Ratings assesses risks to Armenia's financial stability as contained.

Unibank’s perpetual bonds have been listed on the Armenia Securities Exchange

Unibank’s perpetual bonds have been listed on the Armenia Securities Exchange, allowing for manual and REPO trading.

The risk of raising pensions in Armenia is estimated, the fiscal space for payments is stable – Ministry of Finance

The risk of expenses due to the increase of pensions in Armenia has been assessed, there is a stable predictable fiscal space for the benefit of pensioners, said Arman Pogosyan, Deputy Minister of Finance.

LATEST NEWS

spot_imgspot_imgspot_img