Some $79 million bought at Armenian forex market December 13-17

Banks

YEREVAN, December 17, /ARKA/. A total of $79 million were bought at Armenian Forex market on December 13-17 at an average weighted exchange rate of 359.85 Drams per one USD, the Central Bank said today. It said also a total of $88 million were sold in the same time span at an average weighted exchange rate of 361.11 Drams per one USD.

The combined volume of deals effected at NASDAQ OMX Armenia stock exchange in US dollars in the reporting period of time totaled $11 million. The average exchange rate of one USD was 361.08 Drams.

The Central Bank said also $1.55 million worth deals were effected at inter-bank market at an average weighted exchange rate of 360.70 Drams per one USD. Besides, Armenian commercial banks allocated 19.2 billion Drams worth loans in the national currency and $29.9 million loans in USD from December 6 to December 12. ($1 – 360.25 Drams). -0-

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