Armenian banks bought some $110.8 million at local forex market from 14th to 18th of December

YEREVAN, December 21. / ARKA /. Armenian commercial banks bought some $110.8 million at the local forex market from 14th to 18th of December at the weighted average exchange rate of 482.39 drams per $1, the Central Bank said.

It said they also bought 10.2 million euros at the weighted average exchange rate of 524.01 drams per €1 and about 1.2 billion Russian rubles at the weighted average exchange rate of 6.81 drams per 1 ruble.

At the same time, they sold about $123.3 million, €10. 8 million and 593.7 million Russian rubles at the weighted average exchange rates of 484.2 drams, 531.12 drams and 6.92 drams respectively.
Besides, from the 7th to 13th of December the banks provided 51.6 billion drams worth loans in the national currency and $54.4 million worth loans in USD. ($ 1 – 481.04 drams). -0-

spot_img

POPULAR

Cryptoasset regulation in Armenia is quite conservative, and the market lacks a unified goal – Eleveight AI co-founder

Cryptoasset regulation in Armenia can be characterized as quite conservative, and some market participants believe this could hinder the industry's development, noted Arman Aleksanyan, co-founder and CEO of Eleveight AI.

Armenia to Introduce Electronic Seizure of Information Constituting Banking Secrets

At its session on Wednesday, the National Assembly of Armenia adopted in the first reading a legislative package amending the Criminal Procedure Code of the Republic of Armenia and related laws.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (March 16-22)

The past week in Armenia's financial market saw little change, with monetary policy parameters maintained, updated banking data published, and external and fiscal risks clarified.

Papoyan discussed economic reforms, export strategy, and investment with the head of the IMF mission to Armenia

YEREVAN, March 25. /ARКА/. Armenian Economy Minister Gevorg Papoyan...

Acba Leasing offers an effective interest rate of 1% on the purchase of construction equipment (VIDEO)

Reliable quality, high efficiency, and a wide selection of specialized equipment: for 15 years, Sino Armenia has been representing the best Chinese-made construction equipment in Armenia, according to the Acba Leasing press service.

LATEST NEWS

spot_imgspot_imgspot_img