Around $66.6 million bought by Armenian banks last week

YEREVAN, December 12. /ARKA/. Armenia’s commercial banks bought around $66.6 million from the local foreign currency market on December 5 to 9 at the average weighted exchange rate of 481.34 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.6 million euros and 1 321.5 million Russian rubles at the average weighted exchange rates of 513.86 and 7.53 drams per one euro and one ruble respectively.

The banks also sold about $82.7 million, € 10.47 million and 775.9 million rubles at average weighted exchange rates of 482.71, 518.34 and 7.61 drams respectively.

In addition, from November 28 to December 4, the banks provided 47.6 billion drams worth loans in the national currency and $56.8 million worth loans in USD. ($ 1- 483.58 drams). –0—-

spot_img

POPULAR

IKO MACHINERY LLC issues bonds totaling 1.1 billion drams, with Cube Invest serving as placement arranger

YEREVAN, August 13. /ARKA/. By Decision No. 1/305 A issued by the Chairman of the Central Bank of the Republic of Armenia on July 15, 2026, the Program Prospectus for the nominal coupon bonds of IKO MACHINARY LLC has been officially registered.

Central Bank of Armenia warns of fraudulent schemes involving bank accounts

YEREVAN, August 17. /ARKA/. Recently, there has been an increase in cases of criminals luring citizens into suspicious financial transactions using their bank accounts or cryptocurrency accounts, as well as e-wallets or cards to transfer criminally obtained funds, in order to conceal their true origin and beneficiaries, according to a statement from the Central Bank of Armenia's press service.

“AGROVISION” CJSC’s bonds were listed on Armenia Stock Exchange

YEREVAN, August 17. /ARKA/.  Today, “AGROVISION” CJSC, a company operating in the agro-industrial sector, became a listed company on the Armenia Stock Exchange (AMX).

VTB (Armenia) continues to develop its small business lending capabilities

YEREVAN, August 13. /ARKA/. VTB (Armenia) small business clients now have access to the "Express" loan, which allows them to obtain up to 20 million Armenian drams for business development.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 10-16)

YEREVAN, August 17. /ARKA/. Armenia's financial agenda last week focused on setting up payment and cryptocurrency infrastructure, capital market activity, and the parameters of the next stage of universal health insurance.

LATEST NEWS

spot_imgspot_imgspot_img