$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

ARKA news agency launches special project about its products and services to celebrate its 30th anniversary

To celebrate its 30th anniversary, ARKA News Agency has launched a new special project dedicated to its products and services.

Armenia’s Deputy Prime Minister discussed infrastructure development and the green economy with an EBRD delegation

Armenian Deputy Prime Minister Tigran Khachatryan discussed infrastructure modernization and the transition to a green economy with a delegation led by Elisabetta Falcetti, Executive Director for Turkey and the Caucasus at the European Bank for Reconstruction and Development (EBRD).

ADB Appoints New Country Director for Armenia

The Asian Development Bank (ADB) has appointed Lyaziza Sabyrova as its new Country Director for Armenia, effective 1 April 2026.

A new law on payment services is being developed in Armenia – Deputy Governor of Central Bank

A new law on payment services is being developed in Armenia, taking into account modern trends in financial technology development, said Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan.

Armenia plans to increase the dividend tax for bank shareholders to 15%

At a meeting on Thursday, the Armenian government approved amendments to the Tax Code and the Law "On State Duty," which provide for changes in taxation of the banking sector.

LATEST NEWS

spot_imgspot_imgspot_img