Armenian commercial banks purchase over $82.9mln on intra-banking forex market last week

YEREVAN, November 26. /ARKA/. Armenian commercial banks purchased more than $82.9mln at a weighted average rate of 406.5drams per $1 on the intra-banking foreign exchange market on November 19-23, the press service of the Central Bank reported.

In the same period, about 4.8mln euros and 757.1mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 518.68drams per €1 and 12.83drams per ruble respectively.

At the same time, $89.9mln, about €12.9mln and about 81.4rubles were sold on the intra-banking forex market at weighted average exchange rates of 407.56drams, 522.39drams and 13.01drams respectively.

Dram loans extended by Armenian banks from November 12 to November 18 totalled 31.1bln drams; dollar loans were $36.4mln. ($1=406.37drams).–0–

spot_img

POPULAR

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.

Non-resident investment in dram bonds in Armenia has nearly doubled, Central Bank Board Member

A rather interesting picture of increased foreign investment is emerging in Armenia's capital market, said Armen Ktoyan, a member of the Board of the Central Bank of Armenia, in an interview with CivilNet.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

Members of the Armenian health insurance system will be able to receive bonuses for a healthy lifestyle

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.

LATEST NEWS

spot_imgspot_imgspot_img