Wed, 14 May
19 C
Yerevan
USD: 388.08 RUB: 4.81 EUR: 430.96 GEL: 141.56 GBP: 512.46
spot_img

Armenian banks bought $100.5 million from local forex market last week

YEREVAN, December 17, /ARKA/. Seventeen Armenia-based commercial banks bought about $100.5 million at the local intrabank foreign currency market from December 10 to December 14 at the weighted average exchange rate of 484.44 drams for $1, the Central Bank reported.

It said also over the same period, they bought 13.1 million euros and about 1.293.5 billion Russian rubles at the weighted average rates of 549.25 drams for €1 and 7.26 drams for 1 Russian ruble, respectively.

Also they sold about $96.6 million, €22.1 million and 675 million Russian rubles at the weighted average exchange rates of 485.77 drams, 551.88 drams and 7.35 drams respectively.

Besides, from December 3 to December 9 they provided about 59.5 billion drams worth loans in Armenian drams, and $45.6 million loans in US dollars. ($ 1–484.87 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img