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Armenia’s commercial banks purchase over $77.2mln at intra-banking Forex market last week

YEREVAN, April 29. /ARKA/. Armenian commercial banks purchased more than $77.2mln at a weighted average rate of 413.6drams per $1 in intra-banking foreign exchange market on April 22-26, the press service of the Central Bank reported.

In the same period, about 5.4mln euros and over 552.8mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 537.18drams per €1 and 13.02drams per ruble respectively.

At the same time, about $76.6mln, about €9.1mln and about 99.17mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 414.58drams, 541.23drams and 13.19drams respectively.

Dram loans extended by Armenian banks during the week before (April 15-21) totalled 37.8bln drams; dollar loans amounted to a total of $36.9mln. ($1=411.33drams).  –0–

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