Mon, 30 June
31.1 C
Yerevan
USD: 384.47 RUB: 4.90 EUR: 450.83 GEL: 141.25 GBP: 526.80

Around $65 million bought by Armenian banks last week

YEREVAN, July 9. /ARKA/. Armenia’s commercial banks bought around $65 million from the local foreign currency market on July 2 to 6 at the average weighted exchange rate of 482.08 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 19.4 million euros and 1 476.7 million Russian rubles at the average weighted exchange rates of 561.25 and 7.62 drams per one euro and one ruble respectively.

The banks also sold about $76.7 million, € 24.4 million and 558.9 million rubles at average weighted exchange rates of 483.29, 563.48 and 7.70 drams respectively.

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

In addition, from June 25 to July 1, the banks have provided 72.7 billion drams worth loans in the national currency and $71.3 million worth loans in USD. ($ 1- AMD 483.17 drams). -0—-

spot_img

POPULAR

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Central Bank of Armenia considering introducing long-term mechanisms for insurance against fraud

The Central Bank of Armenia is considering the possibility of introducing mechanisms for insurance against fraud.

ACBA Bank summarizes the results of 2024 (video)

ACBA Bank summarized the results of 2024 and defined the future directions of the bank's development at the annual general meeting of shareholders, ACBA said in a press release today.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

LATEST NEWS

spot_imgspot_imgspot_img