Armenian commercial banks buy $61 million at l intra-bank foreign exchange market on March 21-25

YEREVAN, March 25. / ARKA /. Armenian commercial banks bought about $61 million at the local intra-bank foreign exchange market on March 21-25 at the average exchange rate of 368.39 Drams per $1, the Central Bank of Armenia told ARKA. In the same time span the banks sold about $68.6 million at

369.86 Drams per $1. The combined amount of deals in USD at NASDAQ OMX Armenia stock exchange totaled $13.92 million. The deals were effected at average weighted exchange rate of 368.32 Drams per $1. The volume of Dollar sales and purchase deals at inter-bank market totaled $500,000. The average exchange rate was 368.6 Drams per $1. On March 14-20 Armenian banks extended 20.1 billion Drams worth loans in the national currency and $50 million in USD. ($1 – 367.89 Drams). -0-

spot_img

POPULAR

Significant inflows of transfers and capital to Armenia boosted reserves to a record $6.5 billion in August – WB

Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

Acba Bank is a market maker for EBRD bonds in Armenia

Acba Bank will act as a market maker for dram-denominated bonds of the European Bank for Reconstruction and Development (EBRD) on the Armenia Securities Exchange (ASE), ensuring their liquidity in the secondary market, the bank's press service reported.

Armenia’s health insurance package has not been reduced since the beginning of the year, and services have not become fee-based – Avanesyan

Since January 1, no changes have been made to Armenia's health insurance package that would lead to a reduction in services or the transition of any of them to a fee-based basis, stated RA Health Minister Anahit Avanesyan.

More than just awards: the Junius Financial Tournament has concluded

Complex calculations, tough competition and major victories: the popular among children Junius Financial Tournament has come to an end.

Armenia’s sovereign rating increase should lower interest rates, but external factors are putting inflationary pressure on the country: Pashinyan

During government hour in parliament on Wednesday, Armenian Prime Minister Nikol Pashinyan raised the possibility of raising interest rates on loans.

LATEST NEWS

spot_imgspot_imgspot_img