Armenian commercial banks buy $65.1 million at local Forex market from January 16-20

YEREVAN, January 20. /ARKA/. Armenian commercial banks bought a total of $65.1 million, 5.5 million euros and 531.5 million Russian rubles at local forex market from January 16-20 at 387.59 drams per one USD, 494.03 drams per one euro and 12.16 drams per one ruble respectively, the Central Bank of Armenia said.
It said the banks also sold $82.5 million at 388.7 drams per one USD, €9.2 million at 498.04 drams per one Euro and 118.2 million rubles at 12.38 drams per one ruble respectively.
The combined amount of transactions in USD at NASDAQ OMX Armenia stock exchange amounted tо $13.3 million at an average weighted exchange rate of 388.91 drams per one USD. No deals in euro or rubles were affected. The amount of inter-bank transactions with selling and buying of greenback amounted to $2.95 million at the rate of 387.72 drams per one USD. Besides, banks provided 18.9 billion dram worth loans in Armenian national currency from January 9 to 15 and $26.6 million loans in USD. ($1 – 387.29 drams).-0-

YEREVAN, January 21. /ARKA/. Armenian commercial banks bought a total of $65.1 million, 5.5 million euros and 531.5 million Russian rubles at local forex market from January 16-20 at 387.59 drams per one USD, 494.03 drams per one euro and 12.16 drams per one ruble respectively, the Central Bank of Armenia said.

It said the banks also sold $82.5 million at 388.7 drams per one USD, €9.2 million at 498.04 drams per one Euro and 118.2 million rubles at 12.38 drams per one ruble respectively.

The combined amount of transactions in USD at NASDAQ OMX Armenia stock exchange amounted tо $13.3 million at an average weighted exchange rate of 388.91 drams per one USD. No deals in euro or rubles were affected. The amount of inter-bank transactions with selling and buying of greenback amounted to $2.95 million at the rate of 387.72 drams per one USD. Besides, banks provided 18.9 billion dram worth loans in Armenian national currency from January 9 to 15 and $26.6 million loans in USD. ($1 – 387.29 drams).-0-

spot_img

POPULAR

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

VTB (Armenia) has simplified car loan process in primary market

VTB (Armenia) has launched a simplified car loan program for the purchase of new cars at more than 50 car dealerships in the market.

How Idram and IDBank promote equal opportunities for women and men

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society.

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.

LATEST NEWS

spot_imgspot_imgspot_img