Armenian banks bought a total of $69.9 million at local inter-bank forex market from February 13 to February 17

YEREVAN, February 21. /ARKA/. Armenian banks bought a total of $69.9 million at the local inter-bank forex market in a time span from February 13 to February 17 at the weighted average exchange rate of 485.82 drams per one USD, the Central Bank reported today.

It said the banks bought also 7.2 million euros and about 797.09 million Russian rubles at the weighted average exchange rates of 514.69 drams per € 1 and 8.39 drams per 1 ruble respectively.

In the same time span the banks sold about $83.8 million, 10.1 million euros and 487.2 million Russian rubles at the weighted average exchange rates of 487.37, 518.69 and 8.46 drams per one USD, one euro and one ruble respectively.

One transaction with US dollars worth $400,000 was effected in the same time span at NASDAQ OMX Armenia stock exchange at the weighted average exchange rate of 487 drams per one USD.

Besides, from February 6 to February 12 the local banks provided about 44.9 billion drams worth loans in the Armenian national currency and $41.1 million worth loans in USD. ($ 1- 486.74 drams). -0-

spot_img

POPULAR

Unibank Becomes Lead Sponsor of AGBU’s Global Run in Support of Camp Nairi

Unibank has become the Lead Sponsor of the AGBU Global Run in support of Camp Nairi, joining the worldwide fundraising initiative as a corporate donor to help children and families affected by war and displacement.

Central Bank of Armenia has identified a key principle for regulating crypto assets based on risks

The Central Bank of Armenia adheres to the "same risk, same regulation" principle when regulating digital and virtual assets, Central Bank Deputy Chairman Hovhannes Khachatryan stated on Friday at the 4Future Banking forum in Yerevan.

Central Bank of Armenia raised its interest rate for the first time in over three years, to 6.75%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points to 6.75%.

IDBank, Visa, and Wizz Air Launch New Travel Privileges in Armenia

IDBank is the first in the CIS and Southeastern Europe to introduce the new Visa Wizz Air Platinum co-branded travel card.

No liquidity shortage in Armenia, question is about business readiness: Central Bank Chairman

There is no liquidity shortage in Armenia, but the question remains about whether businesses meet investor requirements, according to Central Bank Chairman Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img