Over $74.7 million bought by Armenian banks last week
10.10.2016 16:55
YEREVAN, October 10. /ARKA/. 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, the Central Bank of Armenia reported on Monday.
It said the banks also bought 7.1 million euros and 1.27 billion Russian rubles at the average weighted exchange rates of 528.41 and 7.53 drams per one euro and one ruble respectively.
The banks also sold about $94.3 million, € 11.59 million and 575.4 million rubles at average weighted exchange rates of 474.83, 532.46 and 7.63 drams respectively.
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Armenia central bank injects $94 million in local currency market in quarter one
01.06.2016 14:15
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
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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Introduction of single currency for eeu would make shadow economic activities much more difficult, economist says
09.09.2015 16:01
Introduction of a single currency for member states of the Russia-led Eurasian Economic Union (EEU) would make shadow economic activities much more difficult, according to an Armenian economist Vardan Bostanjyan
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EDB willing to consider local currency projects – Pankin
15.04.2015 17:30
The Eurasian Development Bank (EDB) is ready to consider projects in other national currencies as well, provided there is access to the liability side, head of the EDB board Dmitry Pankin said in his exclusive interview to ARKA
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Introduction of single currency in Eurasian Economic Union space not feasible now – Armenian Central bank
03.04.2015 16:02
Armenak Darbinyan,a member of the board of the Central Bank of Armenia, thinks introduction of a single currency in the Eurasian Economic Union space is not feasible so far
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Ukrainian currency drops to all-time low
26.02.2015 19:49
Ukraine’s national currency, the hryvnia, weakened to a record as trading, Vestifinance reported
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Azerbaijan devalues its currency
24.02.2015 14:32
One more CIS country, Azerbaijan, has devalued its currency
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Central Bank lowers reserve requirement in foreign currency from 24% to 20
24.12.2014 19:20
Armenia’s Central Bank said today it had decided December 23 to lower the reserve requirement for local commercial banks in foreign currency from 24% to 20%
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Strengthening of armenian dram prompted by regulator’s decision to increase reserve requirement for foreign currency
20.12.2014 17:06
The strengthening of Armenian currency, the dram, over the last two days against US Dollar and euro should be reviewed in the context of measures taken by the Central Bank to stabilize the tension in the financial market that saw a dramatic increase of the US Dollar and euro against dram
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