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Armenia’s commercial banks purchased over $75.4 mln last week

YEREVAN, October 8. /ARKA/. Armenian commercial banks purchased over $75.4 million at weighted average rate 407.10 drams per $1 within October 1-5 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 7 million euros and about 750.4 million rubles at weighted average rate 525.01 drams per €1 and 12.98 drams per 1 ruble.
The banks sold nearly $88.1 million, €11.3 million and over 87.6 million rubles at weighted average rates 408.53 drams, 528.42 drams and 13.18 drams respectively.

Moreover, within September 24-30, the volume of AMD loans provided by the Armenian banks totaled  39.3 billion drams, and USD loans- $84.5  million. ($1 – 407.56 drams). —

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