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Armenia’s commercial banks purchase over $104.2mln at intra-banking forex market last week

YEREVAN, May 20. /ARKA/. Armenian commercial banks purchased more than $104.2mln at a weighted average rate of 415.93drams per $1 in intra-banking foreign exchange market on May 13-18, the press service of the Central Bank reported.

In the same period, about 7.8mln euros and over 816.5mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 537.50drams per €1 and 13.19drams per ruble respectively.

At the same time, about $116.9mln, about €15.4mln and about 136mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 417.13drams, 540.56drams and 13.37drams respectively.

Dram loans extended by Armenian banks during the week before (May 6-12) totalled 33.1bln drams; dollar loans amounted to a total of $30.3mln. ($1=417.05drams).  –0

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