Armenian banks bought $67 million last week

YEREVAN, August 13. /ARKA/. Seventeen Armenia-based commercial banks bought about $67 million from August 6 to August 10 at the local forex market at the weighted average rate of 481 drams for $1, the press service of the Central Bank reported.

It said also the banks bought 12.4 million euros and about 1.506.2 billion Russian rubles at the weighted average rate of 555.33 drams for €1 and 7.44 drams for 1 ruble, respectively.

At the same time, they sold about $74.7 million, €23.8 million and 715.5 million Russian rubles at the weighted average rate of 482.42 drams, 558.98 drams and 7.5 drams, respectively.

Besides, from July 30 to August 5, the banks provided about 63.6 billion dram worth in loans in the Armenian national currency and about $44.5 million worth loans in USD. ($ 1- 482.16 drams). -0-

spot_img

POPULAR

Armenia’s public debt to remain below 50% of GDP in the medium term – Finance Ministry

Armenia’s public debt will remain below 50% of GDP in the medium term, stated the Republic’s Minister of Finance, Vahe Hovhannisyan.

“The Golden Hour”: IDBank explains how to respond effectively to a scam attack

In medicine, there is a concept known as the “golden hour” – the critical time after an injury when assistance is most effective.

Unibank Supported AGBU Global Run as Lead Sponsor Across 22 Cities Worldwide

The AGBU Global Run for Camp Nairi brought together more than 1,500 participants across 22 cities and raised $500,000 to support children and families affected by war and displacement.

Donate Blood, Save Lives: Idram&IDBank

To support the replenishment of necessary blood supplies and promote a culture of blood donation, Idram and IDBank have joined the voluntary blood donation initiative organized by the Yeolyan Hematology and Oncology Center.       

Exchange rates of the euro, ruble, and dollar against the Armenian dram continued to decline – 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 0.74 points on October 5 compared to October 2, settling at 361.81 drams.

LATEST NEWS

spot_imgspot_imgspot_img