Around $136.6 million bought by Armenian banks last week

YEREVAN, December 11. /ARKA/. Armenia’s commercial banks bought around $136.6 million from the local foreign currency market on December 4 to 8 at the average weighted exchange rate of 484.09 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 9.4 million euros and 1.6 billion Russian rubles at the average weighted exchange rates of 572.06 and 8.18 drams per one euro and one ruble respectively.

The banks also sold about $139.1 million, € 18.8 million and 663.1million rubles at average weighted exchange rates of 485.10, 575.65 and 8.27 drams respectively.

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

In addition, from November 27 to December 3, the banks provided 68.5 billion drams worth loans in the national currency and $48.4 million worth loans in USD. ($ 1- AMD 485.25 drams). -0—-

spot_img

POPULAR

35 Years of Trust: IDBank Celebrates with Its Customers

IDBank continues its series of events marking its 35th anniversary, this time celebrating together with its customers.

Armenia to subsidize interest rates on loans and leases for energy storage systems — by up to 10 percentage points

Armenia is introducing a state subsidy for interest rates on loans and leases used to purchase electrical energy storage systems, announced Armenian Minister of Economy Gevorg Papoyan.

Armenia to allocate approx. €7.4 million for water infrastructure works; EIB loan availability period extended

YEREVAN, October 15. /ARKA/. Armenia will allocate approximately €7.4...

AMX Hosts Auction for 25 Billion Dram Government Bond Issuance

An auction for the issuance of government bonds totaling 25 billion drams took place at the Armenia Securities Exchange (AMX) on October 13, the exchange's press service reported.

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

LATEST NEWS

spot_imgspot_imgspot_img