Fri, 5 September
29.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenian banks bought $66.5 million from local forex market

YEREVAN, September 10 / ARKA /. Seventeen Armenia-based commercial banks bought about $66.5 million from September 3 to September 7 at the local forex market at the weighted average rate of 483.24 drams for $1, the press service of the Central Bank reported.

It said also the banks bought 13.4 million euros and about 1.303.1 billion Russian rubles at the weighted average rate of 560.15 drams for €1 and 7.06 drams for 1 ruble, respectively.

At the same time, they sold about $91.8 million, €17.3 million and 749 million Russian rubles at the weighted average rate of 484.61 drams, 563.54 drams and 7.14 drams, respectively.

Besides, from August 27 to September 2, the banks provided about 79.6 billion dram worth loans in the Armenian national currency and about $39.5 million worth loans in USD. ($ 1- 482.16 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Acba Bank’s 66th branch launched

Acba Bank has launched its 66th branch, "Homeplex Mall". The branch is open from Monday to Sunday from 09:00 to 24:00 (cash service: 09:00-21:15).

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

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.

LATEST NEWS

spot_imgspot_imgspot_img