Armenia’s commercial banks purchase about $100.3 mln at intra-banking forex market last week

YEREVAN, August 4. /ARKA/. Armenian commercial banks purchased about $100.3mln at a weighted average rate of 405.75drams per $1 in intra-banking foreign exchange market on July 28 – August 2, the press service of the Central Bank reported.

In the same period, over 7.5 mln euros and 1,024.3 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 543.37 drams per €1 and 11.33 drams per ruble respectively.

At the same time, about $111.8mln, about €14.2mln and 135.5mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 406.83drams, 547drams and 11.49drams respectively.

Dram loans extended by Armenian banks during the week before (July 21-27) totalled about 28.1bln drams; dollar loans amounted to a total of $37.1mln. ($1=406.82drams). –0–

spot_img

POPULAR

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.

VTB (Armenia) has simplified car loan process in primary market

VTB (Armenia) has launched a simplified car loan program for the purchase of new cars at more than 50 car dealerships in the market.

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.

Armenia and Georgia aim for instant payments and unified QR codes: new steps in fintech integration

Armenia and Georgia are exploring deeper cooperation in financial technology, including synchronizing instant payment systems, simplifying bank account opening, and implementing unified QR codes, announced by Varlam Ebanoidze, Head of the Financial and Supervisory Technologies Development Department at the National Bank of Georgia.

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.

LATEST NEWS

spot_imgspot_imgspot_img