YEREVAN, March 14, /ARKA/. Armenian commercial banks bought a total of $44.8 million at the local foreign exchange market between March 9-12 at an average exchanged rate of 367.13 Drams per $1, the Central Bank of Armenia (CBA) reported. It said also that the banks sold a total $49.4 million in the same time span at an average exchange rate of 368.3 Drams per $1.
The combined amount of deals effected in US Dollars at NASDAQ OMX Armenia stock exchange in the same period of time totaled $8.27 million. The deals were effected at an average weighted exchange rate of 368. 11 Drams per one US Dollars.
At the same time a total of $400,000 worth US Dollar purchase and sale deals were effected at inter-bank forex market at the average weighted exchange rate of 367.82 Drams per $1. Besides, Armenian banks extended 20.6 billion Drams worth loans on February 20-March 6 and $47.9 million loans in US Dollar. ($1 – 367.85 Drams). -0-
