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Armenia’s commercial banks purchased $78.4 mln last week

YEREVAN, October 29. /ARKA/. Armenian commercial banks purchased over $78.4 million at an average weighted rate of 404.95 drams per $1 from 22 to 26 October 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 5.9 million euros and about 712.4 million rubles at average weighted rates of 527.47 drams per €1 and 12.91 drams per 1 ruble respectively.

The banks sold $91.3 million, over €9.5 million and nearly 107.1 million rubles at average weighted rates of 406.12 drams, 529.42 drams and 13.11 drams respectively.

Moreover, from 15 to 21 October the volume of AMD loans provided by the Armenian banks totaled 30.9 billion drams, and USD loans- $49.9 million. ($1 – 405.3 drams).—

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