Wed, 9 April
11.1 C
Yerevan
USD: 391.01 RUB: 4.56 EUR: 427.33 GEL: 141.93 GBP: 498.85
spot_img

Over $68 million bought by Armenian banks last week

YEREVAN, November 7. /ARKA/. Armenia’s commercial banks bought more than $68 million from the local foreign currency market on October 31 to November 4 at the average weighted exchange rate of 475.01 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.5 million euros and 961.3 million Russian rubles at the average weighted exchange rates of 522.07 and 7.47 drams per one euro and one ruble respectively.

The banks also sold about $88 million, € 9.6 million and 443.1 million rubles at average weighted exchange rates of 476.40, 526.15 and 7.57 drams respectively.

In addition, from October 24 to 30, the banks provided 88.3 billion drams worth loans in the national currency and $55.3 million worth loans in USD. ($ 1- 476.83 drams).  –0—-

spot_img

POPULAR

Ministry of Economy and  IMF delegation discussed Armenia’s economic diversification, export strategy

Yesterday, Armenian Economy Minister Gevorg Papoyan received a delegation led by Iva Petrova, head of the International Monetary Fund (IMF) mission in Armenia.

Concept of a private investment fund in Armenia discussed by Minister of Economy with Nubar Afeyan

The concept of creating a private investment fund in Armenia within the framework of effective public-private partnership was discussed by Armenian Minister of Economy Gevorg Papoyan and American businessman Nubar Afeyan.

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Banks and SMEs discuss prospects for cooperation (VIDEO)

The Union of Armenian Banks, in collaboration with the German-Armenian Fund, brought together representatives of the financial sector to conduct an important dialogue between banks and SMEs, summarize the past year, and plan for future work.

LATEST NEWS

spot_imgspot_imgspot_img