Fri, 24 October
15.1 C
Yerevan
USD: 382.54 RUB: 4.70 EUR: 443.29 GEL: 140.81 GBP: 510.19

Around $76.4 million bought by Armenian banks last week

YEREVAN, January 15. /ARKA/. Armenia’s commercial banks bought around $76.4 million from the local foreign currency market on January 8 to 12 at the average weighted exchange rate of 483.55 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 15.5 million euros and 1.6 billion Russian rubles at the average weighted exchange rates of 577.66 and 8.39 drams per one euro and one ruble respectively.

The banks also sold about $100 million, € 15.1 million and 398.1 million rubles at average weighted exchange rates of 485.25, 582.77 and 8.53 drams respectively.

In addition, from December 25 to January 7, the banks have provided 102.6 billion drams worth loans in the national currency and $147.6 million worth loans in USD. ($ 1- AMD 483.51 drams). –0—-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

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.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

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