Armenian banks bought $95.8 million at local interbank forex market

YEREVAN, February 13. /ARKA/. Armenian banks bought a total of $95.8 million at the local inter-bank forex market in a time span from February 6 to February 10 at the weighted average exchange rate of 485.72 drams per one USD, the Central Bank reported today.

It said the banks bought also 17.9 million euros and 713.67 million Russian rubles at the weighted average exchange rate of 517.13 drams per € 1 and 8.19 drams per 1 ruble respectively.

In the same time span the banks sold about $102.9 million, 8.8 million euros and 294 million Russian rubles at the weighted average exchange rates of 486.85, 522.47 and 8.29 drams per one USD, one euro and one ruble respectively.

No transactions with US dollars were effected in the same time span at NASDAQ OMX Armenia stock exchange. The latest transaction there to the tune of $600,000 was recorded on January 25, 2017, when the US dollar traded at 486.79 drams.

Besides, from January 30 to February 5 the local banks provided about 34.4 billion drams worth loans in the Armenian national currency and the equivalent of 49.5 million drams worth loans in USD. ($ 1- 486.79 drams). -0-

spot_img

POPULAR

Unibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6%

Unibank has completed the placement of its AMD-denominated bonds ahead of schedule: the issue, with a total volume of AMD 3 billion, was fully placed within just a few days.

Team Holding Raises Approximately $35 Million on the Armenian Capital Market via Bond Issuance

Team Holding has completed its corporate bond public offering program in Armenia, raising funds equivalent to approximately $35 million.

Exchange rates of the euro, ruble, and dollar against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.27 points on October 2 compared to October 1, settling at 362.55 drams.

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.

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