$66.4 million bought by commercial banks last week at Armenia’s intra-banking forex market

YEREVAN, October 19. /ARKA/. Commercial banks bought $66.4 million at 472.75 drams per one dollar at Armenia’s intra-banking foreign exchange market over a period between October 12 and 16, the press office of the Central Bank of Armenia reports.

They also bought €6.7 million and 1.3 billion Russian rubles at the mentioned period at 536.48 drams and 7.6 drams respectively.

The banks sold $77.4 million, €7.7 million and 266 million Russian rubles at 473.38 drams, 542.36 drams and 7.72 drams respectively.

The loans extended by Armenia’s commercial banks in drams over a period between October 5 and 11 amounted to $33.4 billion, and dollar loans totaled $24.4 million. ($1 – AMD 472.74). —-0—–

spot_img

POPULAR

“The Power of One Dram” to “Orran” Charitable Non-Governmental Organization

YEREVAN, August 12. /ARKA/. The July beneficiary of "The Power of One Dram" initiative was "My Forest Armenia" environmental non-governmental organization.

Results of the latest Junius stage summarized: a new stage lies ahead (VIDEO)

Precise mathematical calculations, financial skills, and boundless enthusiasm: the latest stage of the Junius financial tournament has successfully concluded.

Central Bank of Armenia makes it easier to open and fund e-wallets

YEREVAN, August 11. /ARКА/. The Board of the Central Bank of Armenia has sanctioned changes to the regulations governing the issuance and utilization of electronic money, with the goal of fostering a more efficient and competitive payment landscape.

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.

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