Armenia’s Commercial Banks purchase over $85.3mln at intra-banking forex market last week

YEREVAN, February 19. /ARKA/. Armenian commercial banks purchased more than $85.3mln at a weighted average rate of 406 drams per $1 in intra-banking foreign exchange market on February 11-15, the press service of the Central Bank reported.

In the same period, about 4.8mln euros and over 527.6mln rubles were purchased at intra-banking forex market at weighted average exchange rates of 543.05drams per €1 and 13.38drams per ruble respectively.

At the same time, about $86mln, about €13.9mln and about 84.4mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 407.03drams, 543.32drams and 13.56drams respectively.

Dram loans extended by Armenian banks during February 4-10 totalled 29bln drams; dollar loans amounted to a total of $39.1mln. ($1=406.55drams).  –0–

spot_img

POPULAR

Exchange rates of the euro, ruble, and dollar against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.06 points on September 24 compared to September 23, settling at 363.38 drams.

Idram’s “City of Good Deeds”: From Teamwork to Real Charitable Projects

“City of Good Deeds” was the theme of Idram’s annual team-building event this year, which stood out for its unique purpose.

Financial literacy among children: Idram&IDBank

Did you know that, on average, only 11% of 15-year-old students in OECD countries demonstrate capabilities corresponding to the highest, 5th level of financial literacy?

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.

Armenia’s health insurance system covers over 1.85 million people; payouts exceed 150 billion drams — Ministry of Health

Armenia’s universal health insurance system currently covers 1,815,000 beneficiaries, and the volume of reimbursements to medical organizations and pharmacies has exceeded 150 billion drams, said Samvel Kharazyan, Deputy Minister of Health of the Republic of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img