Tue, 22 July
36.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Around $87.6 million bought by Armenian banks last week

YEREVAN, July 16. /ARKA/. Armenia’s commercial banks bought around $87.6 million from the local foreign currency market on July 2 to 6 at the average weighted exchange rate of 481.43 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 10.7 million euros and 1 639.5 million Russian rubles at the average weighted exchange rates of 562.53 and 7.65 drams per one euro and one ruble respectively.

The banks also sold about $99.3 million, € 15.5 million and 622.7 million rubles at average weighted exchange rates of 482.59, 566.18 and 7.75 drams respectively.

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

In addition, from July 2 to 8, the banks have provided 55.2 billion drams worth loans in the national currency and $51.7 million worth loans in USD. ($ 1- AMD 481.17 drams). -0—-

spot_img

POPULAR

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Euro and dollar rise against Armenian dram, as Russian ruble falls slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 14, 2025, increased by 0.23 points compared to July 11 and amounted to 384.14 drams.

Euro falls by 2.8 points against Armenian dram, meanwhile, US dollar and ruble decline slightly

As of July 16, 2025, the average market exchange rate of the U.S. dollar against the Armenian dram fell by 0.16 points compared to July 15, amounting to 383.96 drams.

LATEST NEWS

spot_imgspot_imgspot_img