Armenian banks buy $56.5 million at local forex market July 19-23

YEREVAN, July 23, /ARKA/. Armenian commercial banks  bought a total of $56.5 million at the local forex market at  weighted average exchange rate of 363.49 Drams per  $1 on  July 19-23, the Central Bank of Armenia reported. It said also a total of $55.8 million were sold in the same time span at  365.02 Drams per  $1.

The total amount of deals in USD at  NASDAQ OMX Armenia stock exchanged amounted to $6.8  million at  365.77  Drams per $1. Also $700,000 were sold and bought at  inter-bank market in the same time span at 366.95 Drams per  $1. Besides, the banks extended loans in Drams worth 15.5 million and loans in USD worth $38.5 million from July 12 to 18. ($1 – 366.33 Drams).  -0-

spot_img

POPULAR

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

Non-resident investment in dram bonds in Armenia has nearly doubled, Central Bank Board Member

A rather interesting picture of increased foreign investment is emerging in Armenia's capital market, said Armen Ktoyan, a member of the Board of the Central Bank of Armenia, in an interview with CivilNet.

Become a Unibank shareholder and benefit from an attractive investment opportunity

Individuals and legal entities can acquire ordinary shares from Unibank’s new share issue until September 9, 2026, at a placement price of AMD 390 per share.

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

Members of the Armenian health insurance system will be able to receive bonuses for a healthy lifestyle

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.

LATEST NEWS

spot_imgspot_imgspot_img