Around $66.8 million bought by Armenian banks last week

YEREVAN, November 28. /ARKA/. Armenia’s commercial banks bought around $66.8 million from the local foreign currency market on November 21 to 25 at the average weighted exchange rate of 478.51 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 6.9 million euros and 862.4 million Russian rubles at the average weighted exchange rates of 505.9 and 7.4 drams per one euro and one ruble respectively.

The banks also sold about $66.7 million, € 17.5 million and 862.4 million rubles at average weighted exchange rates of 480.01, 509.48 and 7.51 drams respectively.

In addition, from November 14 to 20, the banks provided 54 billion drams worth loans in the national currency and $62.8 million worth loans in USD. ($ 1- 479.4 drams). –0—-

spot_img

POPULAR

Approach to financial education must focus on people’s well-being – Head of the Central Bank of Armenia

A modern approach to financial education must go beyond the mere transfer of knowledge and focus on actual financial behavior and people's well-being, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

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.

Unibank Issues AMD and USD Bonds with Annual Coupon Rates of 10.3% and 6%

Unibank has issued bonds denominated in AMD and USD, with annual coupon rates of 10.3% and 6%, respectively.

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.

Climate risks at the settlement level: Central Bank of Armenia unveils new tool

The Central Bank of Armenia, with the support of the Asian Development Bank, has unveiled the "Armenia Climate Risk Maps" program, which enables the assessment of climate-related and natural threats specific to various territories at the settlement level.

LATEST NEWS

spot_imgspot_imgspot_img