Sun, 11 January
-5.9 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

$57.7 million bought by Armenian banks in one week

YEREVAN, February 8. /ARKA/. Armenia-based commercial banks bought a total of $57.7 million from the local foreign exchange intra-market from February 1 to 5 at the weighted average exchange rate of 489.67 drams per $1, the press service of the Central Bank of Armenia said.

It said also in the same time span they bought 8.4 million Euros and about 1 billion Russian rubles at weighted average exchange rates of 538.2 per one Euro and 6.33 drams per one ruble.

The banks also sold $76 million, €11.3 million and 663.8 million Russian rubles at the weighted average exchange rates of 492.45 drams, 540.23 drams and 6.42 drams respectively.

Besides, from January 25 to 31 the banks extended about 34 billion drams worth loans in the Armenian national currency and $42 million in the US currency. ($1 – AMD 488.75). M.V.—0—-

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

 Financial capacity in Armenia has grown, exceeding targets: Central Bank head

Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

LATEST NEWS

spot_imgspot_imgspot_img