Around $83.3 million bought by Armenian banks last week

YEREVAN, October 23. /ARKA/. Armenia’s commercial banks bought around $83.3 million from the local foreign currency market on October 16 to 20 at the average weighted exchange rate of 480.79 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 9.3 million euros and 1.36 billion Russian rubles at the average weighted exchange rates of 565.37 and 8.35 drams per one euro and one ruble respectively.

The banks also sold about $88.5 million, € 16.8 million and 569.08 million rubles at average weighted exchange rates of 482.21, 569.08 and 8.44 drams respectively.

No dollar exchange transactions have been effected at NASDAQ OMX Armenia stock exchange over the mentioned period.

In addition, from October 9 to 15, the banks provided 37 billion drams worth loans in the national currency and $50.7 million worth loans in USD. ($ 1- AMD 481.93 drams). -0—-

spot_img

POPULAR

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.

Special symphony concert: results of trilateral cooperation summed up

Acba Bank, the Hayastan All-Armenian Fund and the State Symphony Orchestra of Armenia summed up the results of musical and cultural projects jointly implemented over many years.

Central Bank of Armenia and IMF Discuss Macroeconomic Situation and Financial System Reforms

A concluding meeting took place at the Central Bank of Armenia with an IMF delegation led by Mark Horton, the IMF mission chief for Armenia.

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 and Picsart Academy Host Kids Day for Children

Unibank and Picsart Academy organized a special Kids Day, combining education and entertainment in an environment where technology meets creativity and imagination.

LATEST NEWS

spot_imgspot_imgspot_img