Armenian banks buy $76.9 million last week

YEREVAN, April 25. / ARKA /. On April 18-22 Armenian commercial banks bought a total of $76.9 million at the local forex market at the average weighted exchange rate of 479.92 drams per one USD, the Central Bank said.

They also bought 9.3 million euros at the average weighted exchange rate of 539.48 drams per one euro and 777.3 million Russian rubles at the average weighted exchange rate of 7.18 drams per one ruble.

At the same time, they sold about $61 million, 9.8 million euros and about 358.4 million rubles at the weighted average exchange rates of 481.6, 545.48 and 7.32 drams respectively.

In addition, from the 18th to 22nd of  April the banks provided 34.4 billion drams worth loans in the national currency and $48.6 million worth loans in USD. ($ 1- 479.13 drams).  -0

spot_img

POPULAR

IDBank warns of scam calls impersonating pension funds

There is a growing risk of scam calls targeting the most vulnerable category of citizens -pensioners.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

Members of the Armenian health insurance system will be able to receive bonuses for a healthy lifestyle

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.

LATEST NEWS

spot_imgspot_imgspot_img