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Armenia’s commercial banks obtained over $89.2 mln last week

YEREVAN, November 19./ ARKA/. Armenia’s banks obtained over $89.2 million at an average weighted exchange rate of 408.14 drams per $1 at intra-banking foreign currency market from 12 to 16 November, according to the Central Bank of Armenia.

At the same time, the banks purchased nearly 6.2 million euros and about 746.1 million rubles at average weighted exchange rates of 518.75 drams per €1 and 12.79 drams per 1 ruble.

At the same time, the banks sold $94.5 million, about €13.6 million and nearly 111.6 million rubles at average weighted exchange rates of 409.25, 521.48 and 12.96 drams respectively.

Moreover, from 5 to 11 November, the volume of AMD loans provided by the Armenian banks totaled 27.7 billion drams, and USD credits- $41.3 million. ($1- 407.38 drams).—0-

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