Fri, 20 February
-2.9 C
Yerevan
USD: 376.94 RUB: 4.92 EUR: 444.34 GEL: 140.85 GBP: 508.34

Around $89.4 million bought by Armenian banks last week

YEREVAN, July 23. /ARKA/. Armenia’s commercial banks bought around $89.4 million from the local foreign currency market on June 16 to 20 at the average weighted exchange rate of 479.91 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 12.4 million euros and 1 513.4 million Russian rubles at the average weighted exchange rates of 558.06 and 7.61 drams per one euro and one ruble respectively.

The banks also sold about $99.3 million, € 16.9 million and 619.6 million rubles at average weighted exchange rates of 481.09, 561.91 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 July 9 to 15, the banks have provided 67.4 billion drams worth loans in the national currency and $30.8 million worth loans in USD. ($ 1- AMD 480.62 drams). -0—-

spot_img

POPULAR

In Armenia, more than 21,000 citizens have signed up for cashless pension and benefit payments — Ministry of Social Affairs

By February 19, 2026, 21,539 citizens in Armenia have voluntarily switched to cashless pension and benefit payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

Armenia to Receive €6 Million Grant from EBRD for Construction of Customs and Logistics Center

At a meeting on Thursday, the Armenian government approved the ratification of a €6 million grant agreement with the European Bank for Reconstruction and Development (EBRD) for the Yerevan Customs and Logistics Center project.

Share of bad loans is decreasing – head of the Union of Banks of Armenia

The share of bad loans in the system is declining and is less than 2%. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), announced this at a final press conference.

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img