$77.9 million bought by commercial banks at Armenia’s intra-bank Forex Market last week

YEREVAN, July 14. /ARKA/. Commercial banks bought $77.9 million at Armenia’s intra-bank forex market over a period between July 6 and 10 at AMD 473.78 drams per one dollar, the press office of the Central Bank of Armenia reports.

They also bought here €8.6 million and 1.1 billion Russian rubles at 522.95 drams per one Euro and 8.32 drams per one Russian ruble, on average.

According to the report, $74 million, €15 million and 243.6 million rubles were sold at the intra-bank market over the mentioned period at 475.76 drams, 526.91 drams and 8.47 drams respectively.

The loans extended by Armenian banks in drams totaled $34.3 billion at a period between June 29 and July 5, and lending in dollars amounted to $34.9 million. ($1 – AMD 477.18). –0–

spot_img

POPULAR

Armenian brokerage market until 2030: ARKA agency presented a study

The Armenian brokerage market continues to grow, but its future development will be determined not so much by the number of open accounts as by its ability to attract and retain active investors.

Armenia’s fiscal policy in 2027 will restrain aggregate demand: Central Bank Governor

Armenia's fiscal policy in 2027, if economic growth remains slightly above the long-term sustainable level, will have a certain restraining effect on aggregate demand, stated Central Bank Governor Martin Galstyan, presenting the regulator's conclusion on next year's draft state budget to parliament.

Central Bank of Armenia plans to implement Open Banking and change its approach to bank licensing – Galstyan

The Central Bank of Armenia plans to implement the concepts of Open Banking and Open Finance in the coming years, as well as change its approach to banking licensing. This was stated by Central Bank Chairman Martin Galstyan in an interview with Hetq.

Acba Bank is the official partner of the Armenia pavilion in the Green Zone of COP17

Acba Bank is the official partner of the Armenia pavilion in the Green Zone of the 17th Conference of the Parties to the UN Convention on Biological Diversity (COP17).

Armenia plans to significantly increase capital expenditure on infrastructure — Ministry of Finance

Armenian Finance Minister Vahe Hovhannisyan and Asian Development Bank (ADB) Vice President Wempi Saputra discussed prospects for expanding cooperation, including in infrastructure investment and promoting the export of Armenian products.

LATEST NEWS

spot_imgspot_imgspot_img