Armenian commercial banks buy $95 million at local foreign currency market December 20-24

YEREVAN, December 24, /ARKA/. Armenian commercial banks bought a total of $95 million at local foreign exchange market from December 20 to December 24 at an average weighted exchange rate of 359.19 Drams per one USD, the Central Bank of Armenia said.

In the same time span they sold a total of $105.3 million at 360.3 Drams per one USD. Also some $8.95 million worth deals in US Dollars were effected at NASDAQ OMX Armenia stock exchange .

The volume of deals at inter-bank forex market was $2.05 million. The deals were effected at an average weighted exchange rate of 360.49 Drams per $1.

Besides, from December 13 to December 16 Armenian commercial banks extended 24 billion Drams loans in Armenia’s national currency and $56.8 million loans in US Dollars. ($1 – 360.84 Drams). -0-

spot_img

POPULAR

World Bank Group Mobilizes $342 Million in Private Capital in Armenia in FY2026—a 56-Fold Increase Since FY2022

The World Bank Group mobilized $342 million in private capital in Armenia during the 2026 fiscal year—a 56-fold increase compared to the $6 million recorded in the 2022 fiscal year, the World Bank’s Armenia office reported.

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).

Donate Blood, Save Lives: Idram&IDBank

To support the replenishment of necessary blood supplies and promote a culture of blood donation, Idram and IDBank have joined the voluntary blood donation initiative organized by the Yeolyan Hematology and Oncology Center.       

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

Unibank has issued perpetual bonds with an annual coupon yield of 13.2%

Unibank announces a new issue of perpetual bonds denominated in AMD. The total issue volume is AMD 3 billion, with the placement scheduled to continue until 4 December 2026.

LATEST NEWS

spot_imgspot_imgspot_img