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Armenia’s Commercial Banks purchased $84.8 mln last week

YEREVAN, July 29. /ARKA/. Armenian commercial banks purchased over $84.8 million at an average weighted rate  of 409.65 drams per $1 from 22 to 26 July 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 7 million euros and over 868.9 million rubles at average weighted rates of  540.06  drams per €1 and 12.56 drams per 1 ruble respectively.

The banks sold over $100.6 million, nearly  €11.8 million and nearly 84.1 million rubles at average weighted rates of 410.83 drams, 542.70 drams and 12.73 drams respectively.

Moreover, from 15 to 21 July  the volume of AMD loans provided by the Armenian banks totaled  33.4 billion drams, and USD loans- $62.7 million. ($1 – 410.77 drams). —

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