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Armenia’s banks gain over $83.9 mln at intra-bank foreign currency market last week

YEREVAN, May 4. /ARKA/. Armenian banks gained nearly $83.9 million at 391.84 drams per $1 average weighted rate last week (23-28 April) at intra-bank market of foreign currency, Armenia’s Central Bank reports ARKA.

Within the same period the banks obtained nearly 8.1 million euros and about 615.2 million rubles at 515.97 drams per €1 and 13.23 drams per 1 rubles.

At the same time they sold over $101.1 million, over €8.5 million euros and nearly 73.1 million rubles at 392.84 drams, 519.36 drams and 13.42 drams respectively.

At the interbank market the amount of USD purchase/sale transactions totaled in $1.7 million at 392.65 drams per $1 average weighted rate. No euro or ruble transactions were registered within the reported period.

Moreover, Armenian banks allocated 25 billion drams and $43 million dollars in loans throughout April 16-22. ($1 – 392.56 drams). –0–

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