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Armenia’s commercial banks purchased $62.7 mln last week

YEREVAN, May 7. /ARKA/. Armenia’s banks purchased nearly $62.7 million at 391.4 per $1 average weighted rate within May 2-4 in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 4.3 million euros and about 384.8 million rubles at weighted average rate 514.76 drams per €1 and 13.19 drams per 1 ruble.

The banks sold over $67.9 million, over €10.3 million and 41.1 million rubles at weighted average rate 392.4 drams, 518.8 drams and 13.39 drams respectively.

USD purchase-sales were amounted to $3,5 million at weighted average rate 392.07 drams per $1 in inter-banking market of the foreign currency within the reported period. Transactions in rubles and euros were not made in the market within the reported period.

Moreover, within April 23-29, the volume of dram loans provided by the Armenian banks totaled 42.2 billion drams, and USD loans- $71.7 million. ($1 – 391.86 drams).—0–

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