Around $105.2 million bought by Armenian banks last week

YEREVAN, February 12. /ARKA/. Armenia’s commercial banks bought around $105.2 million from the local foreign currency market on February 5 to 9 at the average weighted exchange rate of 481.43 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 8.7 million euros and 730 million Russian rubles at the average weighted exchange rates of 594 and 8.41 drams per one euro and one ruble respectively.

The banks also sold about $69.2 million, € 18.5 million and 572.1 million rubles at average weighted exchange rates of 482.8, 598.65 and 8.0 drams respectively.

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

In addition, from January 29 to February 4, the banks have provided 59.4 billion drams worth loans in the national currency and $86.9 million worth loans in USD. ($ 1- AMD 483.11 drams). –0—-

spot_img

POPULAR

Central Bank of Armenia has issued a warning regarding illegal activities of credit organization My Fin UCO

The Central Bank of Armenia has issued a warning to the public regarding a company operating on Facebook under the name "My Fin UCO," which offers lending services without the appropriate regulatory license.

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.

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.

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.

Central Bank of Armenia will issue a commemorative silver coin for the COP17 conference

On October 5, Armenia will issue a commemorative silver coin titled "COP17," dedicated to the 17th Conference of the Parties to the UN Convention on Biological Diversity, the Central Bank of Armenia’s press service reports.

LATEST NEWS

spot_imgspot_imgspot_img