Armenia’s commercial banks purchase about $69 mln at intra-banking forex market last week

YEREVAN, December 8. /ARKA/. Armenian commercial banks purchased about $69 mln at a weighted average rate of 438.91rams per $1 in intra-banking foreign exchange market on December 1 to December 5, the press service of the Central Bank reported.

In the same period, 7.7 mln euros and about 713.3 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 544.54 drams per €1 and 8.38 drams per ruble respectively.

At the same time, about $145.4mln, €13.1mln and 228.2mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 442.91drams, 556.85drams and 8.77drams respectively.

Dram loans extended by Armenian banks during the week before (November 24-30) totaled about 48.5bln drams; dollar loans amounted to a total of $75.4mln. ($1=447.86drams). –0–

spot_img

POPULAR

As part of its 35th-anniversary events, IDBank has signed a Memorandum of Understanding with the Matenadaran

A new biodiversity park will be established in the heart of the capital, covering approximately 1.2 hectares adjacent to the Matenadaran.

Unibank has issued perpetual bonds with an annual coupon yield of 13.2%

Unibank announces a new issue of perpetual bonds denominated in AMD. The total issue volume is AMD 3 billion, with the placement scheduled to continue until 4 December 2026.

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).

Donate Blood, Save Lives: Idram&IDBank

To support the replenishment of necessary blood supplies and promote a culture of blood donation, Idram and IDBank have joined the voluntary blood donation initiative organized by the Yeolyan Hematology and Oncology Center.       

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

LATEST NEWS

spot_imgspot_imgspot_img