Wed, 13 August
20.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Around $93.5 million bought by Armenian banks last week

YEREVAN, May 21. /ARKA/. Armenia’s commercial banks bought around $93.5 million from the local foreign currency market on May 14 to 18 at the average weighted exchange rate of 483.42 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 9.1 million euros and 1091.9 million Russian rubles at the average weighted exchange rates of 573.52 and 7.76 drams per one euro and one ruble respectively.

The banks also sold about $92.79 million, € 14.7 million and 546.6 million rubles at average weighted exchange rates of 484.73, 577.07 and 7.86 drams respectively.

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

In addition, from May 7 to May 13, the banks have provided 56.8 billion drams worth loans in the national currency and $31.6 million worth loans in USD. ($ 1- AMD 483.26 drams). –0—-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Euro Jumps 1.93 Points to AMD 445.22 as USD drops slightly

The average market exchange rate of the US dollar to the Armenian Dram on August 6, 2025, fell by 0.35 points compared to August 5 and amounted to AMD 383.68.

Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.

Armenian Central Bank  developing mechanisms for insurance and combating financial fraud

Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.

LATEST NEWS

spot_imgspot_imgspot_img