Armenian banks bought about $54 million last week at local Forex market

YEREVAN, March 21. /ARKA/. From March 14 to March 18 all Armenia-based banks bought about $53.89 million at the local Forex market at the average weighted exchange rate of 486.17 drams per $1, the Central Bank said.

In the same time span they bought also 5.292 million euros and about 693.642 million Russian rubles at the average weighted exchange rates of 541.03 and 6.93 drams respectively.

The banks also sold about $54,814,000, € 9,251 million and 365,524,000 Russian rubles at the average weighted exchange rates of 488.05, 546.37 and 7.03 drams respectively.

Also from March 7 to March 13 the banks provided 34.2 billion drams worth loans in the national currency and $34.2 million loans in USD. ($ 1- 486.07 drams). -0-

spot_img

POPULAR

Financial adventures lead to great victories: the results of the 4th Junius online tournament have been announced

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

Idram is the general partner of the “Towards Conscious Parenting 2026” annual conference     

Idram and the "Parenting Community" NGO are collaborating for the second year in a row, aiming to support families and contribute to shaping a more conscious and financially literate generation.  

Foreign currency supply increasing in Armenia – Central Bank

The supply of foreign currency is growing in Armenia's foreign exchange market, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, stated in an interview with CivilNet.

Converse Bank Completes the Placement of EBRD Bonds

Converse Bank acted as the EBRD's key partner throughout the transaction, arranging the bond issuance and the guaranteed placement of the bonds

The Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in Shirak

The Power of One Dram, My Forest Armenia, and the Armenian State Symphony Orchestra have concluded the Symphonic Forest project, launched in Shirak with the goal of planting 20,000 trees.

LATEST NEWS

spot_imgspot_imgspot_img