Mon, 24 February
-3.9 C
Yerevan
USD: 394.41 RUB: 4.46 EUR: 412.67 GEL: 140.79 GBP: 498.77
spot_img

Commercial banks buy $53.8 million at intra-bank market

YEREVAN, November 27, /ARKA/. Armenian commercial banks bought $53.8 million at intra-bank forex market in a time span between November 23-27, at the average weighted exchange rate of 385.94 Drams per one $1, the Central Bank of Armenia said.

It said a total of $59.1 million were sold in the same time span at 387.17 Drams per one US Dollar.

In the inter-bank forex market $400,000 worth deals were concluded at 386 Drams per one US Dollar.

The aggregate volume of deals in US Dollars effected at NASDAQ OMX Armenia between November 23-27 totaled $16.3 million at average weighted exchange rate of 386.01 Drams per $1.

Besides, from November 16 to 22 Armenian commercial banks extended 12.6 billion Drams and $25.6 million credits. ($1 – 386 Drams). -0-

spot_img

POPULAR

Central Bank of Armenia has no plans to tighten liquidity requirements for banks (EXCLUSIVE)

Armenia’s Central Bank is not planning to make changes to or revise its current regulatory framework designed for local commercial banks, the regulator’s press service said in  response to  ARKA News Agency's inquiry about whether it was planning to  toughen prudential requirements for banks, particularly, the liquidity ratio because of  the large inflow of non-resident funds

III Capital Markets Armenia to Be Held in Yerevan

On March 20, the annual III Capital Markets Armenia conference—one of the key events for the financial and investment community in the region—will take place at the Marriott Hotel, Yerevan.

 EDB expects inflation to accelerate in Armenia

The pace of price growth in Armenia is expected to gradually increase in the coming months, driven by the easing of monetary policy and the recovery in global food prices, according to the weekly macro review of the Eurasian Development Bank (EDB).

Russian Central Bank registers new Kwikpay int’l remittance system

The Central Bank of Russia (CBR) has registered the new Kwikpay international remittance system, the regulator said on Monday

Ranking of biggest profit-gainers among Armenia’s banks for Jan-Sept 2019

ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits

LATEST NEWS

spot_imgspot_imgspot_img