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Armenian Banks Purchase $75 Million This Week

YEREVAN, February 25. /ARKA/. Banks purchased $75 million at AMD 364.65 per one dollar and sold $76.6 million at 365.89 per dollar at Armenia’s intra-bank forex over the period between February 21 and 25, the press office of the Central bank of Armenia reported on Friday.

Dollar/dram exchange transactions worth $13.7 million were effected at $1 = AMD 366.40 exchange rate at NASDAQ OMX Armenia over the mentioned period.

Dollar/dram exchange deals worth $4.1 million were effected at inter-bank market at AMD 365 per one dollar.

According to the report, Armenia banks lent 18.8 billion drams and $28 million U.S. dollars over the period between February 14 and 20. ($1 = AMD 366.6).-0—

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