Sun, 2 February
4.1 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

Armenia’s commercial banks purchased $62.7 mln last week

YEREVAN, May 7. /ARKA/. Armenia’s banks purchased nearly $62.7 million at 391.4 per $1 average weighted rate within May 2-4 in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 4.3 million euros and about 384.8 million rubles at weighted average rate 514.76 drams per €1 and 13.19 drams per 1 ruble.

The banks sold over $67.9 million, over €10.3 million and 41.1 million rubles at weighted average rate 392.4 drams, 518.8 drams and 13.39 drams respectively.

USD purchase-sales were amounted to $3,5 million at weighted average rate 392.07 drams per $1 in inter-banking market of the foreign currency within the reported period. Transactions in rubles and euros were not made in the market within the reported period.

Moreover, within April 23-29, the volume of dram loans provided by the Armenian banks totaled 42.2 billion drams, and USD loans- $71.7 million. ($1 – 391.86 drams).—0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

US dollar rate down 0.35 points to 397.92 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

LATEST NEWS

spot_imgspot_imgspot_img