Mon, 15 September
21.1 C
Yerevan
USD: 383.12 RUB: 4.62 EUR: 450.36 GEL: 141.63 GBP: 521.31

Armenia’s Commercial Banks purchase over $90.3mln at intra-banking forex market last week

YEREVAN, November 18. /ARKA/. Armenian commercial banks purchased more than $90.3mln at a weighted average rate of 404.78 drams per $1 in intra-banking foreign exchange market on November 11-15, the press service of the Central Bank reported.

In the same period, about 5.8mln euros and over 759.5mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 541.49drams per €1 and 12.28drams per ruble respectively.

At the same time, about $99.1 mln, about €10.7 mln and about 143.2 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 405.98drams, 545.24drams and 12.46drams respectively.

Dram loans extended by Armenian banks during the week before (November 4-10) totalled 33bln drams; dollar loans amounted to a total of $44.7mln. ($1=405.33drams).   –0–

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img