Wed, 3 September
23.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Around $87.6 million bought by Armenian banks last week

YEREVAN, July 16. /ARKA/. Armenia’s commercial banks bought around $87.6 million from the local foreign currency market on July 2 to 6 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 10.7 million euros and 1 639.5 million Russian rubles at the average weighted exchange rates of 562.53 and 7.65 drams per one euro and one ruble respectively.

The banks also sold about $99.3 million, € 15.5 million and 622.7 million rubles at average weighted exchange rates of 482.59, 566.18 and 7.75 drams respectively.

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

In addition, from July 2 to 8, the banks have provided 55.2 billion drams worth loans in the national currency and $51.7 million worth loans in USD. ($ 1- AMD 481.17 drams). -0—-

spot_img

POPULAR

Acba Bank and NABU partner to clean  2 km stretch of Lake Sevan of plastic (VIDEO)

As part of the Clean Future for Lake Sevan initiative, Acba Bank in partnership with the  German Nature And Biodiversity Conservation Union (NABU), is assisting in the cleanup of Armenia's largest water body from plastic and other debris, according to the bank's press service.

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia should develop technologically: Eqwefy CEO on economic challenges and new opportunities

The investment environment in Armenia continued to develop over the past year, despite global economic challenges.

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.

LATEST NEWS

spot_imgspot_imgspot_img