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Armenia’s Commercial Banks purchase over $85.3mln at intra-banking forex market last week

YEREVAN, February 19. /ARKA/. Armenian commercial banks purchased more than $85.3mln at a weighted average rate of 406 drams per $1 in intra-banking foreign exchange market on February 11-15, the press service of the Central Bank reported.

In the same period, about 4.8mln euros and over 527.6mln rubles were purchased at intra-banking forex market at weighted average exchange rates of 543.05drams per €1 and 13.38drams per ruble respectively.

At the same time, about $86mln, about €13.9mln and about 84.4mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 407.03drams, 543.32drams and 13.56drams respectively.

Dram loans extended by Armenian banks during February 4-10 totalled 29bln drams; dollar loans amounted to a total of $39.1mln. ($1=406.55drams).  –0–

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