Armenian banks bought $67 million at local forex market on September 5-9

YEREVAN, September 13. / ARKA /. Armenian commercial banks bought a total of $67 million at the local forex market on September 5-9 at the weighted average exchange rate of 473.78 drams per $1, the Central Bank said today.

They also bought a total of 5.8 million euros and 1.1 billion Russian rubles at the weighted average exchange rates of 529.35 drams and 7.3 drams respectively.

The banks also sold $79.1 million, 11.8 million euros and 471.7 million rubles at the weighted average exchange rates of 475.34 drams, 533.89 drams and 7.39 drams respectively.

In addition, from August 29 to September 4 the banks provided  40.1 billion drams worth loans in the national currency and $49.6 million worth loans in USD. ($ 1- 474.26 drams). — 0–

spot_img

POPULAR

Armenian Government Approves 2027 State Budget Draft

At its meeting on Thursday, the Armenian government approved the draft law "On the State Budget of the Republic of Armenia for 2027," which will be submitted to the National Assembly in accordance with established procedure.

Unibank Joins the Armenian Solar Energy Association

Unibank has joined the Armenian Solar Energy Association (ASEA), which brings together companies in the renewable energy sector.

Central Bank of Armenia and IMF Discuss Macroeconomic Situation and Financial System Reforms

A concluding meeting took place at the Central Bank of Armenia with an IMF delegation led by Mark Horton, the IMF mission chief for Armenia.

Unibank and Picsart Academy Host Kids Day for Children

Unibank and Picsart Academy organized a special Kids Day, combining education and entertainment in an environment where technology meets creativity and imagination.

EDB expects Armenia’s GDP to grow by 6% in 2026 amid high economic activity

The Eurasian Development Bank (EDB) expects Armenia's GDP to increase by 6% in 2026, according to the bank's weekly macro-review.

LATEST NEWS

spot_imgspot_imgspot_img