Armenia’s commercial banks bought around $87 million from the local foreign currency market on September 10 to 14 at the average weighted exchange rate of 484.47 drams per one USD, the Central Bank of Armenia reported on Monday
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Archive for September, 2018
Around $87 million bought by Armenian banks last week
Monday, September 17th, 2018Central bank issues commemorative coins dedicated to Yerevan and Armenian currency
Friday, September 14th, 2018Armenia’s Central Bank issued September 10 commemorative silver coins dedicated to the 2800 anniversary of the establishment of the Armenian capital city Yerevan and 25 years of the national currency, the dram
Armenia’s SIS completes investigation of HSBC bank Armenia robbery case
Friday, September 14th, 2018Armenia’s Special Investigative Service (SIS) said today it has completed the investigation of a criminal case of an armed attack on a branch of HSBC Bank Armenia in the capital city Yerevan on May 3
Converse Bank sponsors Yerevan international music festival
Wednesday, September 12th, 2018YEREVAN, September 12. /ARKA/. Converse Bank is the general sponsor of the 12th Annual Yerevan International Music Festival that started on September 10. This year the festival is dedicated to the 2800th anniversary of Yerevan. Supporting the International Music Festival, Converse Bank makes another contribution to the development and promotion of the cultural sector. “This […]
Martin Galstyan elected new member of central bank board
Tuesday, September 11th, 2018By a vote of 78 to 9 the Armenian parliament elected today Martin Galstyan as a new member of the Central Bank Board. Galstyan was nominated by the Republican Party of Armenia and was elected unopposed
Armenian banks bought $66.5 million from local forex market
Monday, September 10th, 2018Seventeen Armenia-based commercial banks bought about $66.5 million from September 3 to September 7 at the local forex market at the weighted average rate of 483.24 drams for $1, the press service of the Central Bank reported
Armenia’s international reserves grow to $2.069.6 billion
Monday, September 10th, 2018Armenia’s international gross reserves at the end of August 2018 stood at $2.069.6 billion, having increased by 0.71% or $14.6 million from the previous month , according to preliminary data of the Central Bank
Converse Bank displays several competitive offers at Armenia Expo
Saturday, September 8th, 2018Converse Bank said today it is displaying a number of attractive products at Armenia EXPO, such as BRIDGE loans, export loans and pre-export finance, Converse Trade and government-subsidized agricultural loans
US dollar grows by 0.42 percentage points to 484.52 drams
Friday, September 7th, 2018The average market exchange rate of the US dollar has grown today by 0.42 percentage point over the Armenian dram from September 5 to 484.52 drams, the Central Bank said
EDB chairman praises Armenia’s banking sector
Friday, September 7th, 2018The banking system of Armenia is in excellent condition, Eurasian Development Bank (EDB) board chairman Andrei Belyaninov said at a Eurasian Media Congress in Almaty, Kazakhstan, on Thursday
