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

An unusual $2.2 million banking scam uncovered in Armenia

YEREVAN, August 14. /ARКА/. A man suspected of embezzling 802.5 million drams from a bank and money laundering has been arrested in Armenia. The preliminary investigation has been completed, the press service of the RA Investigative Committee reported.

Unlocking the Secrets of the Financial World at ”Hayordi” Camp with Idram&IDBank

YEREVAN, August 13. /ARKA/. Bank accounts, payment cards, deposits - to explain these and several other concepts and answer the kids' most burning financial questions, Idram and IDBank this time visited ''Hayordi'' Camp.

VTB (Armenia) continues to develop its small business lending capabilities

YEREVAN, August 13. /ARKA/. VTB (Armenia) small business clients now have access to the "Express" loan, which allows them to obtain up to 20 million Armenian drams for business development.

AMX conducts government bond auction totaling 40 billion drams

YEREVAN, August 11. /ARKA/. On August 11, the Armenia Securities Exchange (AMX) executed a government bond auction amounting to 40 billion drams, as reported by the exchange's press service.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 3-9)

Armenia's financial agenda last week was determined by the Central Bank's maintenance of current monetary conditions, indicators of the banking and non-banking credit sectors, capital market activity, the state of public debt, and decisions on attracting financing from international financial institutions.

LATEST NEWS

spot_imgspot_imgspot_img