USD purchasing/selling in Armenia’s currency exchange offices downed 38.9% to $52.2 mln in Jan

YEREVAN, March 22. /ARKA/. USD purchasing/selling in currency exchange offices of Armenia dropped by 38.9% to $52.2 million in January compared to December, Central Bank of Armenia said in its monthly news report for January.

An average weighted exchange rate for USD purchasing was 405.24 drams (0.29 p.p. up in a month), and for USD selling—406.68 drams (0.17 p.p. up).

Russian ruble trading stood at 908.5 million rubles in January, which was 34.7% lower from a month earlier. An average weighted exchange rate for RUB purchasing was 13.18 drams (0.23 p.p. up in a month), and for selling—13.21 drams (0.22 p.p. up).

According to the source, euro transactions totaled €5.2 million in January versus €8.7 million in December.

Average weighted exchange rate for EUR purchasing was 537.09 drams (1.69 p.p. down), and for selling—539.90 (8.79 p.p. up).—0-

spot_img

POPULAR

Sevak Mikayelyan elected as a member of the Board of the Central Bank of Armenia

The National Assembly of Armenia elected Sevak Mikayelyan as a member of the Board of the Central Bank of Armenia.

Armenia Updates Income Declaration Procedures: New Rules, Exemptions, and Deadlines

Armenia has streamlined the process for filing annual personal income tax declarations, expanded the scope of data that is auto-populated, and defined categories of non-taxable income that citizens are not required to include in their declarations.

Central Bank of Armenia conducts currency interventions to prevent market turmoil – Galstyan

In the face of a significant influx of foreign capital, the Central Bank of Armenia periodically conducts currency interventions to prevent serious turmoil in the currency market.

Central Bank of Armenia increased the countercyclical capital buffer for banks to 2.25%

The Board of the Central Bank of Armenia has decided to increase the countercyclical capital buffer for banks by 0.25 percentage points, setting it at 2.25% of risk-weighted assets.

Armenia’s Deputy Prime Minister and ADB Vice President Discussed Attracting Private Capital and Infrastructure Development

Opportunities for attracting private capital, expanding public-private partnerships (PPPs), and implementing the "Crossroads of Peace" project were discussed at a meeting between Armenian Deputy Prime Minister Mher Grigoryan and an Asian Development Bank (ADB) delegation led by Vice President Wempi Saputra.

LATEST NEWS

spot_imgspot_imgspot_img