Sun, 11 January
-9.9 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

Armenian commercial banks buy a total of $70.6 million at local forex market on May 29-June 1

YEREVAN, June 5, /ARKA/. Armenian commercial banks bought a total of $70.6 million at the local forex market on May 29-June 1 at the average exchange rate of 405.38 drams per one USD, the Central Bank of Armenia told ARKA.
It said the banks bought also about 5.7 million euros at 505.29 drams exchange rate per one euro and over 513 million rubles at 12.36 drams rate per one ruble. In the same time span the banks sold over $90.8 million at 406.99 drams rate, over €11.1 million at 508.83 drams exchange rate and 102.4 million rubles at 12.63 drams exchange rate per one ruble.
Besides, from May 21 to May 27 the banks provided 30.5 billion drams worth loans in Armenian currency and $41.7 million loans in USD. ($1 – 407.09 drams).  -0-

YEREVAN, June 5, /ARKA/. Armenian commercial banks bought a total of $70.6 million at the local forex market on May 29-June 1 at the average exchange rate of 405.38 drams per one USD, the Central Bank of Armenia told ARKA.

It said the banks bought also about 5.7 million euros at 505.29 drams exchange rate per one euro and over 513 million rubles at 12.36 drams rate per one ruble. In the same time span the banks sold over $90.8 million at 406.99 drams rate, over €11.1 million at 508.83 drams exchange rate and 102.4 million rubles at 12.63 drams exchange rate per one ruble.

Besides, from May 21 to May 27 the banks provided 30.5 billion drams worth loans in Armenian currency and $41.7 million loans in USD. ($1 – 407.09 drams).  -0-

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

 Financial capacity in Armenia has grown, exceeding targets: Central Bank head

Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

LATEST NEWS

spot_imgspot_imgspot_img