Tue, 8 April
16.1 C
Yerevan
USD: 391.01 RUB: 4.56 EUR: 427.33 GEL: 141.93 GBP: 498.85
spot_img

Armenia’s commercial banks purchase over $82.5mln at intra-banking forex market last week

YEREVAN, June 3. /ARKA/. Armenian commercial banks purchased more than $82.5mln at a weighted average rate of 416.12drams per $1 in intra-banking foreign exchange market from May 27 to June 1, the press service of the Central Bank reported.

In the same period, about 8.6mln euros and over 693mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 538.5drams per €1 and 13.10drams per ruble respectively.

At the same time, about $89.9mln, about €12.5mln and about 93.6mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 417.40drams, 542.06drams and 13.28drams respectively.

Dram loans extended by Armenian banks during the week before (May 20-26) totalled 37bln drams; dollar loans amounted to a total of $51.4mln. ($1=417.19drams). –0–

spot_img

POPULAR

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Ministry of Economy and  IMF delegation discussed Armenia’s economic diversification, export strategy

Yesterday, Armenian Economy Minister Gevorg Papoyan received a delegation led by Iva Petrova, head of the International Monetary Fund (IMF) mission in Armenia.

Concept of a private investment fund in Armenia discussed by Minister of Economy with Nubar Afeyan

The concept of creating a private investment fund in Armenia within the framework of effective public-private partnership was discussed by Armenian Minister of Economy Gevorg Papoyan and American businessman Nubar Afeyan.

Banks and SMEs discuss prospects for cooperation (VIDEO)

The Union of Armenian Banks, in collaboration with the German-Armenian Fund, brought together representatives of the financial sector to conduct an important dialogue between banks and SMEs, summarize the past year, and plan for future work.

Dollar, Euro And Ruble Exchange Rates Slightly Decrease Against Dram

The average market exchange rate of the US dollar to the Armenian dram on April 4, 2025, dropped by 0.1 points compared to April 3 and amounted to AMD 391.22.

LATEST NEWS

spot_imgspot_imgspot_img