Some $79 million bought at Armenian forex market December 13-17

YEREVAN, December 17, /ARKA/. A total of $79 million were bought at Armenian Forex market on December 13-17 at an average weighted exchange rate of 359.85 Drams per one USD, the Central Bank said today. It said also a total of $88 million were sold in the same time span at an average weighted exchange rate of 361.11 Drams per one USD.

The combined volume of deals effected at NASDAQ OMX Armenia stock exchange in US dollars in the reporting period of time totaled $11 million. The average exchange rate of one USD was 361.08 Drams.

The Central Bank said also $1.55 million worth deals were effected at inter-bank market at an average weighted exchange rate of 360.70 Drams per one USD. Besides, Armenian commercial banks allocated 19.2 billion Drams worth loans in the national currency and $29.9 million loans in USD from December 6 to December 12. ($1 – 360.25 Drams). -0-

spot_img

POPULAR

Learn while playing: Idram, IDBank, and Novosti-Armenia launch a series of financial literacy games

From now on, a special quiz for children will be published monthly as part of the new "Games" section on the Newsarmenia.am website.

Head of Central Bank named two main risks for financial stability

There are two main risks for the financial stability of Armenia: one is associated with external factors, the other with internal processes, said the Chairman of the Central Bank Martin Galstyan, presenting the financial stability report for 2025.

Unisport – Armenian Futsal Cup holder

The futsal club Unisport, whose main sponsor is Unibank, became the winner of the Armenian Futsal Cup.

Central Bank of Armenia is concerned about the outpacing growth of lending and urges banks to exercise caution

The Central Bank of Armenia considers it important for commercial banks to exercise caution when providing new loans amid the outpacing growth of lending compared to revenues, stated Central Bank Chairman Martin Galstyan.

About 10% of Armenia’s dram-denominated government debt is held by international institutional players: Central Bank Governor

Institutional players are entering the dram-denominated government debt market in Armenia, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img