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Armenian premier reports about first in central bank's first currency purchase at forex market

24.01.2020 16:30

Armenian premier reports about first in central bank's first currency purchase at forex market

YEREVAN, January 24. /ARKA/. The Central Bank of Armenia has bought USD 5 million at the forex market, Armenian Prime Minister Nikol Pashinyan reported Thursday on his Facebook page. "The financial market starts this year with the same determination with which it finished," the premier wrote. "Today the central bank made a $5-million deal. This is the first purchase of this year."

Arthur Javadyan, chairman of the Central Bank of Armenia, said on December 22, 2019 that Armenia's external reserves are hitting records, and the regulator continues buying currencies at the market. "We have already bought $557 million, and our external reserves have reached an unprecedented indicator - at the moment, they exceed $2 billion 700 million," he said. -0---

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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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EEU able to create single settlement currency

07.09.2018 09:13

EEU able to create single settlement currency

The Eurasian Economic Union (EEU) is in a position now to create a regional settlement currency, including a blockchain-based currency, Eurasian Development Bank (EDB) board chairman Andrei Belyaninov said at a Eurasian Media Congress in Almaty, Kazakhstan, on Thursday

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Armenian citizens to be allowed to choose currency for repaying loans

25.10.2017 16:17

Armenian citizens to be allowed to choose currency for repaying loans

The Armenian National Assembly passed Wednesday at the second and final reading amendments to the law on residential mortgage lending

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Armenian banks bought $95.8 million at local interbank forex market

13.02.2017 17:16

Armenian banks bought $95.8 million at local interbank forex market

Armenian banks bought a total of $95.8 million at the local inter-bank forex market in a time span from February 6 to February 10 at the weighted average exchange rate of 485.72 drams per one USD, the Central Bank reported today

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Around $90.6 million bought by Armenian banks last week

19.12.2016 16:59

Around $90.6 million bought by Armenian banks last week

Armenia’s commercial banks bought around $90.6 million from the local foreign currency market on December 12 to 16 at the average weighted exchange rate of 483.77 drams per one USD, the Central Bank of Armenia reported on Monday

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Around $66.6 million bought by Armenian banks last week

12.12.2016 16:48

Around $66.6 million bought by Armenian banks last week

Armenia’s commercial banks bought around $66.6 million from the local foreign currency market on December 5 to 9 at the average weighted exchange rate of 481.34 drams per one USD, the Central Bank of Armenia reported on Monday

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Over $74.7 million bought by Armenian banks last week

10.10.2016 16:55

Over $74.7 million bought by Armenian banks last week

Armenia’s commercial banks bought more than $72.4 million from the local foreign currency market on October 3 to 7 at the average weighted exchange rate of 473.43 drams per one USD

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Armenia central bank injects $94 million in local currency market in quarter one

01.06.2016 14:15

Armenia central bank injects $94 million in local currency market in quarter one

Armenia’s Central Bank injected a total of $94 million in the local foreign currency market in the first quarter of 2016 to shore up the national currency

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Federal Reserve’s decision to raise interest rates will not affect Armenian currency, economist says

18.12.2015 13:49

Federal Reserve’s decision to raise interest rates will not affect Armenian currency, economist says

The decision of the US Federal Reserve System to raise interest rate by 0.25% for the first time since 2006 will not affect the Armenian dram, economist Artak Manukyan told ARKA

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