Mon, 28 April
18.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

Armenia’s commercial banks purchase over $77.1 mln at intra-banking forex market last week

YEREVAN, February 17. /ARKA/. Armenian commercial banks purchased more than $77.1mln at a weighted average rate of 411.18drams per $1 in intra-banking foreign exchange market on February 10-14, the press service of the Central Bank reported.

In the same period, about 4.8mln euros and over 576mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 559.46 drams per €1 and 11.72drams per ruble respectively.

At the same time, about $84.3mln, about €9.3mln and over 173mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 412.36drams, 563.87drams and 11.90drams respectively.

Dram loans extended by Armenian banks during the week before (February 3-9) totalled 31.5bln drams; dollar loans amounted to a total of $33.6mln. ($1=412.25drams).–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.

Armenia discusses bankruptcy reforms with ADB and AFD

Reforms of Armenian legislation in the field of bankruptcy were discussed at a meeting between Deputy Minister of Justice of Armenia Tigran Dadunts and representatives of the Asian Development Bank (ADB) and the French Development Agency (AFD).

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Armenia’s international reserves rose to $3.9 billion in March, providing 2.9 months of import coverage – WB

Armenia's international reserves increased to $3.9 billion in March 2025, offering 2.9 months of import coverage, according to the World Bank's Monthly Economic Update for April 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img