Wed, 5 February
4.1 C
Yerevan
USD: 396.71 RUB: 4.00 EUR: 409.96 GEL: 139.81 GBP: 492.87
spot_img
type here...

Tag: Forex

Armenia has lowest gold and forex reserves among EEU member stats

Economy
At the beginning of 2021 Armenia’s gold and foreign exchange reserves were the lowest among members of the Eurasian Economic Union (EEU, Russia, Kazakhstan, Belarus, Armenia and Kyrgyzstan), according to the Eurasian Development Bank’s report on Uzbekistan’s integration with the EEU

Armenian central bank asks citizens not to form speculative forex expectations

Economy
Armenia's Central Bank intervenes in the local foreign exchange market only in extreme cases in order to mitigate potential serious fluctuations, said Andranik Grigoryan, head of the Central Bank's Financial Stability Department

Armenia to abolish forex dealers’ license

Economy
Armenia's National Assembly has approved today in the first reading a package of bills to amend the Law on Licensing, as well as several related laws

Armenian central bank confirms that external forex reserves stand at unprecedented level

Economy
Armenia's Central Bank downplayed today a story, headlined “Armenia’s international reserves are no longer unprecedented

Armenian central bank’s forex reserves stand now at record $487.7 million

Economy
Armenian Central Bank's forex reserves stand now at record $487.7 million, Prime Minister Nikol Pashinyan told the parliament today. He said the regulator replenished the forex reserves to this 'unprecedented' level after buying a substantial amount of foreign currency

Armenia’s central bank warns against leveraged transactions

Economy
Armenia’s Central Bank has warned today about high risks of leveraged transactions (leverage is an investment strategy of using borrowed money

Armenian Central Bank to sell forex only through auctions till end of the year

Exchange market
From December 8 till the end of this year, the Central Bank of Armenia (CBA) will be applying a new forex sale strategy, says the regulator’s statement

Armenia’s commercial banks purchase about $93.1 mln at intra-banking forex market last week

Banks
Armenian commercial banks purchased about $93.1mln at a weighted average rate of 414.28drams per $1 in intra-banking foreign exchange market on March 17-21, the press service of the Central Bank reported

Armenia’s commercial banks purchase over $101.6 mln at intra-banking forex market last week

Banks
Armenian commercial banks purchased more than $101.6mln at a weighted average rate of 407.96drams per $1 in intra-banking foreign exchange market on January 29 – February 1, the press service of the Central Bank reported

Armenia’s commercial banks purchase over $75.8mln at intra-banking Forex market last week

Banks
Armenian commercial banks purchased more than $75.8mln at a weighted average rate of 407.61drams per $1 in intra-banking foreign exchange market on September 17-20, the press service of the Central Bank reported

Armenia: Foreign currency market review for the week August 5-9

Interviews
Average weighted US exchange rate fell by 0.94% to AMD407.25 at NASDAQ OMX Armenia last week.

Armenian banks bought $103.4 million at local forex market n September 10-14

Banks
Armenian commercial banks bought a total of $103.4 million at the local forex market on September 10-14 at the average exchange rate of 410.27 drams per one USD, the Central Bank of Armenia told ARKA

ArmBanks.am - ARKA News Agency financial-banking portal
The materials on this site may not be reproduced or used, in whole or in part, without the prior written permission of the copyright owner ARKA LLC information news agency. Hyperlinks to the ARKA website (armbanks.am) are obligatory. They should be direct, active, non-cryptic and not closed from indexing. The opinion of the authors of materials on the site may not necessarily coincide with those of the editorial staff.

Sections

Latest news

Loans show faster growth than deposits in December – Finance Ministry

Financial intermediation by the Armenian banking system in December 2024 continued to outpace economic activity, also characterized by a higher growth rate of loans compared to deposits, according to the Armenian Ministry of Finance's report titled "Review of Macroeconomic Developments. December 2024." Unlike December 2023, the growth in loan volumes (24.2%) exceeded the growth in deposit volumes (13.9%).

Strong demand for mortgages and consumer loans keep interest rates high – Central Bank of Armenia

One of the phenomena faced by the Central Bank of Armenia is the huge demand for loan products, the regulator's head Martin Galstyan said at a press conference on Tuesday.

Armenia’s inflation in 2025 may approach lower threshold of target – Central Bank

The inflation target in Armenia for the current year is set at 3%, and by the end of 2025 it will most likely approach the lower limit, Central Bank Chairman Martin Galstyan said at a press conference on Tuesday.

Draft law on regulating crypto assets will soon be submitted to Armenian government

The draft law developed by the Central Bank of Armenia to regulate crypto assets will soon be submitted to the Armenian government for approval and then sent to parliament, the regulator's chairman Martin Galstyan said at a press conference today.

Subscribe to the newsletter

By subscribing to the newsletter, you agree to the service rules and the terms of storage and use of your data.

Subscribe to the newsletter

© 1996-2025 ARKA News Agency. All rights reserved