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

Approach to financial education must focus on people’s well-being – Head of the Central Bank of Armenia

A modern approach to financial education must go beyond the mere transfer of knowledge and focus on actual financial behavior and people's well-being, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Rate.Trading: Currency Exchange on a New Digital Platform

The development of digital financial services today involves not only improving existing banking products but also creating specialized platforms that make financial services more efficient and accessible.

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 0.18 points to 363.34 drams on September 28, compared to September 25.

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.

Unibank and Picsart Academy Host Kids Day for Children

Unibank and Picsart Academy organized a special Kids Day, combining education and entertainment in an environment where technology meets creativity and imagination.

LATEST NEWS

spot_imgspot_imgspot_img