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Tag: MARKET

Statement on Artsakh war can open Turkey’s ports and Azerbaijan’s market for Armenia

Vahan Kerobyan, newly appointed minister of economy of Armenia, who is founder of Menu Group food delivery service, outlined the opportunities that the domestic economy will receive as a result of unblocking transport communications in the region, according to a statement on Artsakh dated November 9

Armenia’s central bank planning operations in the country’s currency market in order to ensure normal functioning of financial markets – EXCLUSIVE

The Central Bank of Armenia plans to conduct operations in the country's currency market in order to ensure the normal functioning of financial markets, Harutyun Berberian, spokesman for the Central Bank of Armenia, told ARKA News Agency on Tuesday

Armenia’s total securities market value exceeds AMD 1 trillion in 2019

Armenia's total securities market value amounted to around AMD 1,040.7 billion in 2019, the Armenia Securities Exchange (AMX) says in its annual report

Government to encourage companies to enter IPO market

The government will encourage companies to enter the IPO market, Armenia’s Acting Prime Minister Nikol Pashinyan told an extraordinary session of the parliament today

Divisa.am becomes Nasdaq OMX Armenia market member and participant

NASDAQ OMX Armenia stock exchange said it has authorized Divisa.AM as a market member and participant in the foreign currency market

Swiss Swissquote bank to attract clients from Armenia

The Swiss Swissquote bank said it will start attracting customers from Armenia. Its partner in Armenia is FTH (Financial Trading House) that officially represents Swissquote bank in the country

Armenian banks bought $93.6 million last week

Armenian banks bought a total of $93.6 million at the local inter-bank forex market in a time span from April 9 to April 13 at the weighted average exchange rate of 481.97 drams per one USD, the Central Bank reported today

Around $77.2 million bought by Armenian banks last week

Armenia’s commercial banks bought around $77.2 million from the local foreign currency market on July 3 to 7 at the average weighted exchange rate of 479.44 drams per one USD, the Central Bank of Armenia reported on Monday

$75.8 million bought by Armenian banks last week

Armenia’s commercial banks bought around $75.8 million from the local foreign currency market on April 17 to 21 at the average weighted exchange rate of 484.48 drams per one USD, the Central Bank of Armenia reported on Monday

Armenian banks bought $72.5 million last week

Armenian commercial banks bought a total of $72.5 million from the local intra-bank foreign currency market from April 10 to 14, the Central Bank reported today saying also that the weighted average exchange rate was 485.35 drams for $1

Around $68 million bought by Armenian banks last week

Armenia’s commercial banks bought around $54.5 million from the local foreign currency market on April 3 to 7 at the average weighted exchange rate of 483.57 drams per one USD, the Central Bank of Armenia reported on Monday

Around $61.9 million bought by Armenian banks last week

Armenia’s commercial banks bought around $61.9 million from the local foreign currency market on March 6 to 10 at the average weighted exchange rate of 485.53 drams per one USD, the Central Bank of Armenia reported on Monday