Weekly digest of foreign currency deals

Weekly digest of foreign currency deals

PanARMENIAN.Net - USD 82,922,967 was bought at an average price of AMD 406.50 /USD 1 and USD 89,998,303 sold at an average price of AMD 407.56 at the Armenian foreign currency market on November 19-23.

Deals amounting to USD 16,650,000 at an average price of 406.47 /USD 1 were concluded at NASDAQ OMX Armenia during the reporting period.

From November 12-18, AMD loans granted by banks totaled 31.1 bln, while USD loans amounted to 36.4 mln, the press service of the Central Bank of Armenia reported.

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"There have been no new talks on gas exports to Europe, but there are routes and facilities which we need to use," Majedi said.
"We are particularly pleased by a 15 percent rise in lending to small and medium-sized businesses,” the bank’s financial director said.
It also signed 33 Reimbursable Advisory Service agreements with 11 countries in the region for a total amount of $45 million.
“Under a new deal to be signed, Russia is expected to provide a $300 million loan to extend the NPP’s service life,” Yervand Zakharyan said.
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