Commercial banks of Armenia on December 19 -23 obtained $109.5 million, €7.7 million and 712.3 million rubles

YEREVAN. December 23. /ARKA/. In intra-banking market of foreign currency of Armenia in the period of December 19 -23 the banks obtained $109.5 million, over 7.7 million euro and about 712.3 million rubles by weighted average rate of 381.7 drams per $1; 496.61 drams per  €1 and 11.9 per 1 ruble respectively, press-service of CBA informed ARKA News Agency.
In the same period over $117.6 million, €11.7 million and 108.2 million rubles was sold by weighted average rate of 383.09 drams, 501.48 drams and 12.12 drams respectively.
Total volume of transactions by USD implemented in NASDAQ OMX Armenia stock exchange in the reporting period was about $23.83 million by weighted average rate of 382.83 drams per $1, and transactions by euro and ruble in the stock exchange was not carried out.
In the inter-banking market, sale and purchase transactions by USD in the amount of $200 thousand by weighted average rate of 382.25 drams per $1 was implemented. Transactions by other two currencies in inter-banking market was not implemented.
From December 12-18 the volume of dram credits provided by the Armenian banks was 31.3 billion, and credit in dollars – $43 million. ($1 – 383.29 drams).–-0–

YEREVAN. December 24. /ARKA/. In intra-banking market of foreign currency of Armenia in the period of December 19 -23 the banks obtained $109.5 million, over 7.7 million euro and about 712.3 million rubles by weighted average rate of 381.7 drams per $1; 496.61 drams per  €1 and 11.9 per 1 ruble respectively, press-service of CBA informed ARKA News Agency.

In the same period over $117.6 million, €11.7 million and 108.2 million rubles was sold by weighted average rate of 383.09 drams, 501.48 drams and 12.12 drams respectively.

Total volume of transactions by USD implemented in NASDAQ OMX Armenia stock exchange in the reporting period was about $23.83 million by weighted average rate of 382.83 drams per $1, and transactions by euro and ruble in the stock exchange was not carried out.

In the inter-banking market, sale and purchase transactions by USD in the amount of $200 thousand by weighted average rate of 382.25 drams per $1 was implemented. Transactions by other two currencies in inter-banking market was not implemented.

From December 12-18 the volume of dram credits provided by the Armenian banks was 31.3 billion, and credit in dollars – $43 million. ($1 – 383.29 drams).–-0–

spot_img

POPULAR

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.

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.

In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

The assets of Armenia's banking system continue to dominate the country's financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

Dram-pegged stablecoins will significantly reduce cross-border payment costs – Galstyan

Stablecoins pegged to the Armenian dram will allow the population to make domestic payments and significantly reduce cross-border payment costs, stated Martin Galstyan, head of the Central Bank of Armenia, in response to a question from ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img