Tue, 24 February
3.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

Armenia’s commercial banks purchase over $92.9mln at intra-banking forex market last week

YEREVAN, April 8. /ARKA/. Armenian commercial banks purchased more than $92.9mln at a weighted average rate of 416.99drams per $1 in intra-banking foreign exchange market on April 1-5, the press service of the Central Bank reported.

In the period, about 4.4mln euros and over 438.2mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 534.17drams per €1 and 13.22drams per ruble respectively.

At the same time, about $112mln, about €9.1mln and about 86.7mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 418.54drams, 537.85drams and 13.36drams respectively.

Dram loans extended by Armenian banks during the week before (March 25-31) totaled 34.2bln drams; dollar loans amounted to a total of $105.4mln. ($1=418.25drams).  –0–

spot_img

POPULAR

Acba Bank places 10 billion dram-denominated bonds

Acba Bank has begun placing coupon-bearing book-entry bonds through a public offering for a total of 10,000,000,000 (ten billion) drams, the bank's press service reported.

“Team Holding” CJSC’s bonds listed on Armenia Stock Exchange

One of Armenia’s diversified companies, “Team Holding” CJSC, is officially entering the capital market today by listing bonds on the Armenia Stock Exchange (AMX).

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (February 16-22)

Last week, the Armenian financial market was distinguished by intensified institutional interactions in the banking sector and debt market dynamics.

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

LATEST NEWS

spot_imgspot_imgspot_img