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

Unisport Crowned Armenian Futsal Premier League Champion

Unisport has been crowned champion of the Armenian Futsal Premier League

Inflation of 4.2% recorded in Armenia in May

In Armenia, 12-month inflation in the consumer market in May of this year amounted to 4.2%, according to a report from the Statistical Committee of Armenia.

Head of the Central Bank of Armenia named the reasons behind the rise in gold prices

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.

Unibank has launched instant transfers by phone number

Phone number transfers are now available in Unibank’s UNIMobile application.

Armenia’s insurance market is undervalued but has significant growth potential: Deputy Governor of the Central Bank

Armenia's economy maintains high growth rates and macroeconomic stability, creating a favorable environment for insurance development, said Deputy Governor of the Central Bank of Armenia Armen Nurbekyan.

LATEST NEWS

spot_imgspot_imgspot_img