Armenia’s commercial banks purchase over $58.6mln at intra-banking forex market last week

YEREVAN, January 13. /ARKA/. Armenian commercial banks purchased more than $58.6mln at a weighted average rate of 405.69 drams per $1 in intra-banking foreign exchange market on January 8-10, the press service of the Central Bank reported.

In the same period, about 3.9mln euros and over 671.8mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 552.17drams per €1 and 12.13drams per ruble respectively.

At the same time, about $95.3 mln, about €7.8 mln and about 60.1 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 406.79drams, 556.76drams and 12.38drams respectively.

Dram loans extended by Armenian banks on December 23-29, 2013, totalled 71.1bln drams; dollar loans amounted to a total of $129.8mln. ($1=408.09drams).  –0–

spot_img

POPULAR

Planning your trip from a scratch: tips from IDBank

Have you already decided where you want to spend your vacation? While being on a trip is always associated with pleasant expectations, planning it can sometime turn into a real disaster.

EDB assessed the reasons for rising inflation in Armenia and maintenance of refinancing rate

Inflation in Armenia accelerated in April amid rising prices for food and non-food products, according to the Eurasian Development Bank's weekly macro review.

Armenia Shows Significant Progress in Using More Complex Financial Instruments – EBRD

Armenia is demonstrating significant progress and growing readiness to use more complex financial instruments, said Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, in an interview with ARKA news agency.

A New Level of Insurance Innovation: The Armenian Bureau of Motor Insurers and GAIP Sign a Cooperation Agreement

The Armenian Bureau of Motor Insurers and the international organization Global Association of InsurTech Professionals (GAIP) signed a cooperation agreement on Monday in the field of compulsory motor insurance (CMTPLI) and insurance technologies.

Russian ruble exchange rate in Armenia exceeded 5 drams: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 13, 2026, increased by 0.01 points compared to May 12, reaching 368.63 drams.

LATEST NEWS

spot_imgspot_imgspot_img