Armenia’s commercial banks purchased over $139 mln last week

Banks

YEREVAN, January 14. /ARKA/. Armenian commercial banks purchased over $139 million at an average weighted rate of 404.21 drams per $1 from 8 to 11 January 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 8.1 million euros and over 888.1 million rubles at average weighted rates of 531.4 drams per €1 and 13.16 drams per 1 ruble respectively.

The banks sold over $144.2 million, nearly €14.1 million and about 69.4 million rubles at average weighted rates of 405.71 drams, 534.10 drams and 13.44 drams respectively.

Moreover, from 24 December 2012 to 6 January 2013 the volume of AMD loans provided by the Armenian banks totaled 49 billion drams, and USD loans- $137.6 million. ($1 – 408.59 drams).—

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