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Armenian Commercial Banks Buy $81.5 Million At Forex Market December 6-10

YEREVAN, December 10, /ARKA/. Armenian commercial banks bought a total of $81.5 million аt the local forex market on December 6-10 at an average weighted exchange rate of 359.41 Drams per one USD, the Central Bank’s press service said today.

It said a total of $80.7 million were sold at the forex market in the same time span at an average exchanger ate of 360.53 Drams per one USD. Also the volume of transactions in USD effected at NASDAQ OMX Armenia stock exchange totaled $10.5 million. The average exchange rate of transactions was 359.87 Drams per one USD. Also $.5.1 million were sold and bought between banks at 360.13 Drams per one USD.

Besides, Armenian banks extended 19.4 billion Drams worth loans on November 29-December 5 and also loans in USD worth $35.9 million. ($1 – 359.93 Drams). –0–

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