Armenia’s commercial banks purchase about $86.8 mln at intra-banking forex market last week

YEREVAN, November 17. /ARKA/. Armenian commercial banks purchased about $86.8mln at a weighted average rate of 414.63rams per $1 in intra-banking foreign exchange market on November 10 to 14, the press service of the Central Bank reported.

In the same period, 5.7 mln euros and about 690.7 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 514.76 drams per €1 and 8.85 drams per ruble respectively.

At the same time, about $113.8mln, €14.1mln and 206.2mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 415.89drams, 519.25drams and 9.08drams respectively.

Dram loans extended by Armenian banks during the week before (November 3-9) totaled about 39.1bln drams; dollar loans amounted to a total of about $80mln. ($1=415.5drams). –0–

spot_img

POPULAR

Financial adventures lead to great victories: the results of the 4th Junius online tournament have been announced

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

Members of the Armenian health insurance system will be able to receive bonuses for a healthy lifestyle

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.

The Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in Shirak

The Power of One Dram, My Forest Armenia, and the Armenian State Symphony Orchestra have concluded the Symphonic Forest project, launched in Shirak with the goal of planting 20,000 trees.

Foreign currency supply increasing in Armenia – Central Bank

The supply of foreign currency is growing in Armenia's foreign exchange market, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, stated in an interview with CivilNet.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

LATEST NEWS

spot_imgspot_imgspot_img