Exchange market

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

17.12.2018 18:06

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

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

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Central bank calls allegation about default expected in Armenia as certain media sources’ mere fiction

17.12.2018 16:40

Central bank calls allegation about default expected in Armenia as certain media sources’ mere fiction

The Central Bank denies certain media sources’ allegations that Armenia’s national currency will drop soon and that the country will face default

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Armenia’s gross external reserves increase by $35 million to $2.117.8 billion

10.12.2018 18:50

Armenia’s gross external reserves increase by $35 million to $2.117.8 billion

Armenia’s gross external reserves at the end of November 2018 stood at $2.117.8 billion, showing an increase of 1.68% or $35 million from the previous month, the Central Bank of Armenia said today

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Around $109.3 million bought by Armenian banks last week

03.12.2018 14:42

Around $109.3 million bought by Armenian banks last week

Armenia’s commercial banks bought around $109.3 million from the local foreign currency market on November 26 to 30 at the average weighted exchange rate of 484.28 drams per one USD, the Central Bank of Armenia reported on Monday

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Calculations in national currencies in deals among Eurasian Economic Union member countries increased to 70%

27.11.2018 15:40

Calculations in national currencies in deals among Eurasian Economic Union member countries increased to 70%

The share of calculations in national currencies in deals among the Eurasian Economic Union member countries reached 70% in the first half of this year, vestifinance.ru reports

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Around $88.2 million bought by Armenian banks last week

19.11.2018 16:16

Around $88.2 million bought by Armenian banks last week

Armenia’s commercial banks bought around $88.2 million from the local foreign currency market on November 12 to 16 at the average weighted exchange rate of 486.95 drams per one USD, the Central Bank of Armenia reported on Monday

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Armenian central bank supports blockchain technology but cautious about cryptocurrencies

14.11.2018 14:42

Armenian central bank supports blockchain technology but cautious about cryptocurrencies

Armenia’s Central Bank supports the use of blockchain technologies, but is cautious when it comes to the issue of cryptocurrency, the head of the Central Bank Artur Javadyan said on Tuesday in parliament

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Around $89.6 million bought by Armenian banks last week

12.11.2018 15:36

Around $89.6 million bought by Armenian banks last week

Armenia’s commercial banks bought around $86.8 million from the local foreign currency market on October 29 to November 3 at the average weighted exchange rate of 487.18 drams per one USD

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Around $86.8 million bought by Armenian banks last week

05.11.2018 15:36

Around $86.8 million bought by Armenian banks last week

Armenia’s commercial banks bought around $86.8 million from the local foreign currency market on October 1 to 5 at the average weighted exchange rate of 485.58 drams per one USD, the Central Bank of Armenia reported on Monday

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Germany’s ambassador describes Armenian currency as stable

31.10.2018 18:03

Germany’s ambassador describes Armenian currency as stable

Germany’s Ambassador to Armenia Mathias Kiesler praised today Armenia’s national currency, the dram, describing it as a stable currency, when speaking at an event marking the World Savings Day

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