Armenian banks sell more dollars than buy

YEREVAN, October 14. /ARKA/. Banks sold $87.1 million at 376.47 drams per one dollar and bought $81.2 million at 374.99 drams at intra-banking forex over a period between October 10 and 14, the press office of the Central Bank of Armenia reported on Friday.

Dollar-dram exchange transactions totaling $6.75 million were effected at NASDAQ OMX Armenia Stock Exchange over the mentioned period of time at $1 = 375.62 dram average exchange rate.

Dollar-dram exchange deals worth $1.1 million were effected at inter-banking forex at $1 = 375.62 dram exchange rate.

Armenian banks lent AMD 23.6 billion and $37.5 million over a period between October 3 and 9. ($1 = AMD 375.16). -0—

spot_img

POPULAR

Unibank and Picsart Academy Host Kids Day for Children

Unibank and Picsart Academy organized a special Kids Day, combining education and entertainment in an environment where technology meets creativity and imagination.

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.

Unibank Issues AMD and USD Bonds with Annual Coupon Rates of 10.3% and 6%

Unibank has issued bonds denominated in AMD and USD, with annual coupon rates of 10.3% and 6%, respectively.

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

Approach to financial education must focus on people’s well-being – Head of the Central Bank of Armenia

A modern approach to financial education must go beyond the mere transfer of knowledge and focus on actual financial behavior and people's well-being, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img