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Daily Archives: Nov 21, 2013

Cost of US dollar at Armenia’s forex market drops by 0.07 percentage points to 404.94 drams

The cost of US Dollar at Armenia’s forex market dropped today by 0.07 percentage points from November 20 to 404.94 drams, the Central Bank said

Armenia’s Central Bank’s external liabilities down 5.5 percent to $691.2 million

Armenia’s Central Bank said its total external liabilities stood at $691.2 million as of September 30, some 5.5 percent down from the beginning of the year

Armenian banks allocate 198 billion drams in overdrafts in 3rd quarter, 28 percent less than in previous one

In the third quarter of 2013 Armenia-based commercial banks allocated 198.7 billion drams worth overdrafts, a decrease of 28% compared with the previous quarter, according to the banks’ interim financial statements for the III quarter of 2013, provided to ARKA

Number of Armenian bank branches rose to 484 at end Q3

Number of branches of Armenia’s banks reached 484 as of the end of the third quarter 2013, which is 6 more than in Q2