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Tag: rubles

Armenian business people not enthusiastic about idea of attraction of loans in Russian rubles

Banks
The idea of attraction of loans in Russian rubles has aroused little enthusiasm among Armenian business people, Arthur Javadyan, head of the Central Bank of Armenia, said Thursday while discussing the 2017 draft government budget with members of the National Assembly

Depreciation of Russian ruble could adversely affect armenian economy – minister

Exchange market
The depreciation of the Russian ruble associated with the Ukrainian turmoil could adversely affect the Armenian economy, economy minister Vahram Avanesyan told reporters after a recurrent Cabinet session today

Armenian dram devaluating on seasonal corrections and Russian ruble depreciation expectations

Exchange market
Armenian dram tends to depreciate due to seasonal corrections in the country’s balance of payments and expectations for Russian ruble devaluation, member of board of the Central Bank of Armenia Artur Stepanyan said

Russian ruble sale/purchase amounted to 30mln at Armenian inter-banking market last week

Exchange market
Russian ruble sale/purchase transactions amounted to 30 million on the Armenian inter-banking market last week, the press office of the Central Bank of Armenia reported

Commercial banks of Armenia on January 23 -27 obtained $70.5 million, €6.8 million and 685,9 million rubles

Banks
Commercial banks of Armenia on January 23 -27 obtained $70.5 million, €6.8 million and 685,9 million rubles.

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ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

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