About $86 million bought by commercial banks at Armenia’s intra-banking forex market

YEREVAN, August 10. /ARKA/. Commercial banks bought about $86 million at 477.53 drams per one dollar at Armenia’s intra-banking foreign exchange market over the period between August 3 and 7, the press office of the Central Bank of Armenia reports.

They also bought €6.7 million and about 924.2 million Russian rubles in the mentioned period at 521.57 drams and 7.53 drams respectively.

Commercial banks sold $99.5 million, €12.4 million and about 307.5 million rubles at the intra-banking forex market over the same period at 478.83 drams, 525.32 drams and 7.71 drams respectively.

The loans extended by Armenia’s commercial banks in drams amounted to 39.3 billion drams, and dollar loans totaled $106.6 million in the period between July 27 and August 2. ($1 – AMD 478.29). –0–

spot_img

POPULAR

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

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 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.

Armenia targets 6% annual GDP growth – Prime Minister

The Armenian government aims to ensure an average annual economic growth rate of 6% over the next five years, Prime Minister Nikol Pashinyan stated.

Armenia and the French Development Agency Discuss New Areas of Cooperation

Armenia and the French Development Agency (AFD) are discussing future cooperation in the areas of irrigation infrastructure and agriculture, energy, solid waste management, and private sector development, the press service of the Armenian government reports.

LATEST NEWS

spot_imgspot_imgspot_img