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Armenia’s commercial banks purchased over $104.7 mln last week

YEREVAN, December 24. /ARKA/. Armenian commercial banks purchased over $104.7 million at an average weighted rate of 405.69 drams per dollar in the period from December 17 to 21 in forex intra-banking market, the press service of Armenia’s Central Bank reported.

At the same period, the banks obtained nearly 9.8 million euros and over 832.3 million rubles at average weighted rates of 533.63 drams per euro and 13.06 drams per ruble respectively.

The banks sold nearly $121.9 million, nearly €9.5 million and about 138.4 million rubles at average weighted rates of 406.8, 536.91 and 13.26 drams respectively.

Apart from that, in the period from December 10 to 16, Armenian commercial banks extended loans in local currency worth a total of 33.7bln drams and loans in USD worth a total of $46.9 million. ($1=404.75drams).–0–

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