Around $65 million bought by Armenian banks last week

YEREVAN, July 9. /ARKA/. Armenia’s commercial banks bought around $65 million from the local foreign currency market on July 2 to 6 at the average weighted exchange rate of 482.08 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 19.4 million euros and 1 476.7 million Russian rubles at the average weighted exchange rates of 561.25 and 7.62 drams per one euro and one ruble respectively.

The banks also sold about $76.7 million, € 24.4 million and 558.9 million rubles at average weighted exchange rates of 483.29, 563.48 and 7.70 drams respectively.

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

In addition, from June 25 to July 1, the banks have provided 72.7 billion drams worth loans in the national currency and $71.3 million worth loans in USD. ($ 1- AMD 483.17 drams). -0—-

spot_img

POPULAR

Renshin and GTB are uniting around the Cascade project

The memorandum of strategic cooperation signed between Renshin and GTB Development sets a new benchmark in Armenia's urban development and investment landscape.

Financial adventures lead to great victories: the results of the 4th Junius online tournament have been announced

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

Inflation of 5.1% recorded in Armenia in June

In the Armenian consumer market, 12-month inflation in June of this year amounted to 5.1%, according to a report from the Statistical Committee of Armenia.

IDBank warns of scam calls impersonating pension funds

There is a growing risk of scam calls targeting the most vulnerable category of citizens -pensioners.

Converse Bank Completes the Placement of EBRD Bonds

Converse Bank acted as the EBRD's key partner throughout the transaction, arranging the bond issuance and the guaranteed placement of the bonds

LATEST NEWS

spot_imgspot_imgspot_img