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Armenia’s commercial banks purchase over $93.5mln at intra-banking forex market last week

YEREVAN, July 1. /ARKA/. Armenian commercial banks purchased more than $93.5mln at a weighted average rate of 409.57drams per $1 in intra-banking foreign exchange market on June 24-28, the press service of the Central Bank reported.

In the same period, about 6.9mln euros and over 761.9mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 534.52drams per €1 and 12.40drams per ruble respectively.

At the same time, about $99.1mln, about €14.9mln and about 123.4mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 411.17drams, 537.97drams and 12.59drams respectively.

Dram loans extended by Armenian banks during the week before (June 17-23) totalled 33.3bln drams; dollar loans amounted to a total of $40.3mln. ($1=409.90drams). –0–

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