Armenia’s commercial banks purchase over $103.8mln at intra-banking forex market last week

YEREVAN, April 15. ARKA/. Armenian commercial banks purchased more than $103.8mln at a weighted average rate of 417.56drams per $1 in intra-banking foreign exchange market on April 8-13, the press service of the Central Bank reported.

In the same period, about 6mln euros and over 662.6mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 543.39drams per €1 and 13.32drams per ruble respectively.

At the same time, about $109.6mln, about €12.7mln and about 118.6mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 418.79drams, 547.21drams and 13.48drams respectively.

Dram loans extended by Armenian banks during the week before (April 1-7) totalled 33.1bln drams; dollar loans amounted to a total of $31.6mln. ($1=417.40drams).  –0–

spot_img

POPULAR

Central Bank of Armenia and IMF Discuss Macroeconomic Situation and Financial System Reforms

A concluding meeting took place at the Central Bank of Armenia with an IMF delegation led by Mark Horton, the IMF mission chief for Armenia.

Unibank Joins the Armenian Solar Energy Association

Unibank has joined the Armenian Solar Energy Association (ASEA), which brings together companies in the renewable energy sector.

Armenian Government Approves 2027 State Budget Draft

At its meeting on Thursday, the Armenian government approved the draft law "On the State Budget of the Republic of Armenia for 2027," which will be submitted to the National Assembly in accordance with established procedure.

Unibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6%

Unibank has completed the placement of its AMD-denominated bonds ahead of schedule: the issue, with a total volume of AMD 3 billion, was fully placed within just a few days.

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.

LATEST NEWS

spot_imgspot_imgspot_img