Armenia’s commercial banks purchase over $82.1mln at intra-banking forex market last week

YEREVAN, September 9. /ARKA/. Armenian commercial banks purchased more than $82.1mln at a weighted average rate of 408.55drams per $1 in intra-banking foreign exchange market on September 2-6, the press service of the Central Bank reported.

In the same period, about 6.7mln euros and over 842.8mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 538.39drams per €1 and 12.19drams per ruble respectively.

At the same time, about $101.2mln, about €14.7mln and about 142.3mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 410.33drams, 541.81drams and 12.361drams respectively.

Dram loans extended by Armenian banks during the week before (August 26 – September 1) totalled 37.7bln drams; dollar loans amounted to a total of $38.5mln. ($1=412.14drams).–0–

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

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 0.27 points on October 2 compared to October 1, settling at 362.55 drams.

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.

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.

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