All news related to DOLLARS

Dollarization level in Armenia still very high- Central Bank report

18.04.2014 17:42

Dollarization level in Armenia still very high- Central Bank report

YEREVAN, April 18 . / ARKA /. The share of loans provided in foreign currency decreased by 2 percentage points by the end of 2013 December to 63.7% in the total amount of lending, while the share of deposits in foreign currency increased by 0.7 percentage points to 71%, according to a Central Bank of Armenia report on the financial stability of the country in 2013.

According to Andranik Grigoryan, head of a Central Bank department in charge of stability and financial system development, the level of dollarization in the country did not actually change from the previous year.

According to Central Bank data, the amount of deposits in Armenian banks in 2013 amounted to 1.612.4 trillion drams, including 1.148.8 trillion drams of resident deposits. Of that amount the equivalent of 688.5 billion drams was in foreign currency.

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Wall Street stocks rise as dollar, euro drop against yen: Reuters

09.04.2014 15:37

Wall Street stocks rise as dollar, euro drop against yen: Reuters

The dollar and euro fell sharply against the yen on Tuesday as hopes for additional stimulus out of Japan faded, while bargain-hunting on Wall Street lifted stock prices after three days of losses

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Market value of USD against Armenia’s currency grows by 0.01 percentage points to 415.23 drams

08.04.2014 19:33

Market value of USD against Armenia’s currency grows by 0.01 percentage points to 415.23 drams

The market value of a USD against Armenia’s national currency has grown today by 0.01 percentage points from April 7 to 415.23 drams, the Central Bank said

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Over $105.5 million remitted to Armenia through banks in February

04.04.2014 15:48

Over $105.5 million remitted to Armenia through banks in February

Over $105.5 million were remitted to Armenia by individuals through banks in February for non-commercial purposes, the Central Bank reported today saying the figure represented a 2% rise compared with February 2013

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Average market exchange rate of U.S. dollar against Armenian dram rose by 0.41 percentage point to 413.31 drams

31.03.2014 20:02

Average market exchange rate of U.S. dollar against Armenian dram rose by 0.41 percentage point to 413.31 drams

The average market exchange rate of U.S. dollar against the Armenian dram rose by 0.41 percentage point today from March 28 to 413.31 drams, the Central Bank said

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Armenia’s gross international reserves rose by 25.1% to $2,251.6mln

28.03.2014 16:43

Armenia’s gross international reserves rose by 25.1% to $2,251.6mln

Armenia’s gross international reserves hiked by 25.1% to $2,251.6 million as of the end of 2013, the Central Bank of Armenia reported today

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Average market exchange rate of U.S. dollar against dram falls by 0.90 percentage points to 413.38 drams – Central Bank

25.03.2014 18:43

Average market exchange rate of U.S. dollar against dram falls by 0.90 percentage points to 413.38 drams – Central Bank

The average market exchange rate of U.S. dollar against the Armenian dram fell by 0.90 percentage points today from March 24 to 413.38 drams, the Central Bank said

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Armenian banks buy $75 million at inter-bank forex market last week

17.03.2014 14:56

Armenian banks buy $75 million at inter-bank forex market last week

Armenian banks bought a total of $75 million at the inter-bank forex market in a time span from March 10 to 14 at the average weighted exchange rate of 414.14 drams for one USD, the press service of the Central Bank said

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Christy Walton reclaims her spot as richest woman with $36.7 billion fortune

07.03.2014 18:15

Christy Walton reclaims her spot as richest woman with  $36.7 billion fortune

Out of 1,645 billionaires on the Forbes list of the World Billionaires a record 172 are women – up from 138 last year, The Wall Street Journal reported

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Ardshininvestbank attracts US$18 million syndicated term loan facility

05.03.2014 20:25

Ardshininvestbank attracts US$18 million syndicated term loan facility

Citi (the “Co-ordinator”, “Bookrunner” and “Initial Mandated Lead Arranger”) has successfully closed and signed a US$18 million syndicated term loan facility for Ardshininvestbank CJSC in Armenia

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