Armenian banks bought about $94 million last week

YEREVAN, June 27. / ARKA /. Armenia’s commercial banks bought a total of $93.9 million from the local foreign currency market on June 20- 24 at the average weighted exchange rate of 475.88 drams per one USD, the Central Bank said.

It said the banks also bought 12.1 million euros and 1.2 billion Russian rubles at the average weighted exchange rates of 536.01 and 7.34 drams per one euro and one ruble respectively.

The banks also sold about $68.1 million, € 11.3 million and 380.4 million rubles at average weighted exchange rates of 477.11, 538.07 and 7.43 drams respectively.

In addition, from June 13 to 19 May, the banks provided 36.7 billion drams worth loans in the national currency and $31.1 million worth loans in USD. ($ 1- 476.02 drams).  -0-

spot_img

POPULAR

IDBank to Showcase Environmental and Innovative Initiatives at COP17

Together with its partners, IDBank will participate in the 17th meeting of the Conference of the Parties to the UN Convention on Biological Diversity (COP17), where it will present a number of key initiatives focused on green transformation, digital ecosystems, and biodiversity conservation.

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

The “Physmath Friends” Charitable Foundation is the October beneficiary of “The Power of One Dram”

Within the framework of "The Power of One Dram" initiative, AMD 4,648,503 accumulated during September was directed to organizing the "Climate Change and Women" award ceremony, which aims to highlight women's contributions to combating climate change and preserving biodiversity.

Armenia to Allow Online Execution of Certain Real Estate Collateral Agreements Without a Notary

Legislative amendments in Armenia will now allow for the electronic execution without the need for notarization of standard, mixed-type real estate collateral agreements involving banks or credit organizations.

35 Years of Trust: IDBank Celebrates with Its Customers

IDBank continues its series of events marking its 35th anniversary, this time celebrating together with its customers.

LATEST NEWS

spot_imgspot_imgspot_img