$58 million bought by Armenian banks in one week

YEREVAN, March 29. /ARKA/. Armenia-based commercial banks bought about $57.93 million from the local foreign exchange intra-market from March 21 to 25 at the weighted average exchange rate of 480.34 drams per $1, the press service of the Central Bank of Armenia said.

It said also in the same time span they bought 7.153 million Euros and about 920.033 billion Russian rubles at weighted average exchange rates of 538.14 per one Euro and 7.01 drams per one ruble.

The banks also sold $67,462 million, €12.341 million and 396.574 million Russian rubles at the weighted average exchange rates of 481.97 drams, 540.67 drams and 7.12 drams respectively.

Besides, from March 14 to 20 the banks extended about 39.6 billion drams worth loans in the Armenian national currency and $53.6 million in the US currency. ($1 – AMD 482.16). —0—-

spot_img

POPULAR

”Do not trust your eyes’’: IDBank warns about fraud using deepfakes

A new, extremely dangerous type of fraud has spread in Armenia, in which fraudsters use artificial intelligence to copy the appearance and voice of your relatives, friends, or colleagues.

Armenia to Raise Dividend Tax on Banks Starting in 2027

At its session on Thursday, the National Assembly of Armenia adopted amendments to the Tax Code and the RA Law "On State Duty" in the first reading.

VTB (Armenia): Instant transfers to Russia are becoming increasingly popular

Retail clients of VTB (Armenia) continue to actively use the free transfer service to MIR cards of Russian recipients. Over the past six months, transfer volume has grown by 40%.

”Teach For Armenia” is the June beneficiary of the ”Power of One Dram”

The May beneficiary of the ''The Power of One Dram'' initiative was the ''Vahe Meliksetyan'' Foundation.

Central Bank: Armenia’s international reserves exceed record $5.7 billion

Armenia's international reserves have reached a record high, exceeding $5.7 billion, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img