Armenian banks bought $100.5 million from local forex market last week

YEREVAN, December 17, /ARKA/. Seventeen Armenia-based commercial banks bought about $100.5 million at the local intrabank foreign currency market from December 10 to December 14 at the weighted average exchange rate of 484.44 drams for $1, the Central Bank reported.

It said also over the same period, they bought 13.1 million euros and about 1.293.5 billion Russian rubles at the weighted average rates of 549.25 drams for €1 and 7.26 drams for 1 Russian ruble, respectively.

Also they sold about $96.6 million, €22.1 million and 675 million Russian rubles at the weighted average exchange rates of 485.77 drams, 551.88 drams and 7.35 drams respectively.

Besides, from December 3 to December 9 they provided about 59.5 billion drams worth loans in Armenian drams, and $45.6 million loans in US dollars. ($ 1–484.87 drams). -0-

spot_img

POPULAR

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.

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.

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

Special symphony concert: results of trilateral cooperation summed up

Acba Bank, the Hayastan All-Armenian Fund and the State Symphony Orchestra of Armenia summed up the results of musical and cultural projects jointly implemented over many years.

4.3% inflation recorded in Armenia in September

Armenia’s Statistical Committee reports that 12-month inflation in the country's consumer market stood at 4.3% in September of this year.

LATEST NEWS

spot_imgspot_imgspot_img