Armenia’s commercial banks purchase over $78.6 mln at intra-banking forex market last week

YEREVAN, April 14. /ARKA/. Armenian commercial banks purchased more than $78.6mln at a weighted average rate of 414.73drams per $1 in intra-banking foreign exchange market on April 7-11, the press service of the Central Bank reported.

In the same period, over 5mln euros and about 594.2mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 570.97 drams per €1 and 11.59drams per ruble respectively.

At the same time, about $82.95mln, about €9.1mln and 116mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 415.936drams, 574.08drams and 11.70drams respectively.

Dram loans extended by Armenian banks during the week before (March 31-April 6) totalled 42.9bln drams; dollar loans amounted to a total of $56.2mln. ($1=415.44drams).–0–

spot_img

POPULAR

IDBank and Idram conducted financial literacy course for children in Lori region

IDBank and Idram have organized a financial literacy course for children residing in the village of Vahagni and nearby areas in the Lori region.

IDBank Participates in Regional Conference of the Union of Banks of Armenia, Presenting Innovative Tools for the SME Sector

IDBank took part in the regional conference “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region,” held in Vanadzor and organized by the Union of Banks of Armenia.

Armenia’s risk premium is at a historic low, says Central Bank Deputy Chairman

Armenia's risk premium is at a historic low, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

Armenia’s National Assembly Committee Approves Martin Galstyan’s Candidacy for Central Bank Governor

At its meeting on Monday, Armenia's Parliamentary Committee on Financial, Credit, and Budgetary Affairs approved Martin Galstyan's candidacy for the position of Central Bank Governor, nominated by the ruling Civil Contract faction.

Up to 25% idcoin When Buying Airline Tickets with IDBank Premium Cards

When planning your next trip, the first thing you consider is your budget — how much you can spend, how to find the best deals, and how to save while discovering new destinations.

LATEST NEWS

spot_imgspot_imgspot_img