Armenia’s commercial banks purchase about $74.9 mln at intra-banking forex market last week

YEREVAN, April 13. /ARKA/. Armenian commercial banks purchased about $74.9 mln at a weighted average rate of 474.46 drams per $1 in intra-banking foreign exchange market on April 7-11, the press service of the Central Bank reported.

In the same period, about 6.4 mln euros and about 632.5 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 510.98 drams per €1 and 8.69 drams per ruble respectively.

At the same time, about $77.4mln, €9.4mln and about 339.9mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 476.25 drams, 516.35drams and 8.95drams respectively.

Dram loans extended by Armenian banks during the week before (March 30 – April 5) totaled about 40.1bln drams; dollar loans amounted to a total of $42.3mln. ($1=476.32drams). –0–

spot_img

POPULAR

Exchange rates of the euro, ruble, and dollar against the Armenian dram continued to decline – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.74 points on October 5 compared to October 2, settling at 361.81 drams.

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.       

Armenia and World Bank Discuss Priorities for Tax and Customs Administration Reform

Priorities for the next phase of tax and customs administration reform in Armenia were discussed during a meeting between Eduard Hakobyan, Chairman of the State Revenue Committee (SRC) of Armenia, Fabrizio Zarcone, Head of the World Bank Office in Yerevan, and Alexandra Cole, the UK Ambassador to Armenia.

US dollar and ruble exchange rates against the Armenian dram rose, while the euro rate fell – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market rose by 0.18 points on October 7 compared to October 6, reaching 362.32 drams.

Unibank Supported AGBU Global Run as Lead Sponsor Across 22 Cities Worldwide

The AGBU Global Run for Camp Nairi brought together more than 1,500 participants across 22 cities and raised $500,000 to support children and families affected by war and displacement.

LATEST NEWS

spot_imgspot_imgspot_img