Around $79 million bought by Armenian banks last week

YEREVAN, November 27. /ARKA/. Armenia’s commercial banks bought around $79 million from the local foreign currency market on November 20 to 24 at the average weighted exchange rate of 483.21 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 8.4 million euros and 1.47 billion Russian rubles at the average weighted exchange rates of 568.63 and 8.14 drams per one euro and one ruble respectively.

The banks also sold about $89.9 million, € 15.3 million and 485.38 million rubles at average weighted exchange rates of 484.83, 571.83 and 8.25 drams respectively.

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

In addition, from November 13 to 19, the banks provided 43.6 billion drams worth loans in the national currency and $35.9 million worth loans in USD. ($ 1- AMD 483.99 drams). –0—-

spot_img

POPULAR

EBRD stands ready to support Armenia in implementing reforms and programs

YEREVAN, March 10. /ARKA/. The European Bank for Reconstruction...

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 2–8)

The past week in the Armenian financial market was marked by the publication of macroeconomic data, capital market activity, and the continued regulatory adjustment of the payment infrastructure.

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

LATEST NEWS

spot_imgspot_imgspot_img