Armenian banks bought $77.7 million last week

YEREVAN, September 17. /ARKA/. Armenian commercial banks bought a total of $77.7 million at the local foreign exchange market on September 9-13 at the average exchange rate of 409.49 drams for $1, the press service of the Central Bank said.

In the same time span the banks bought around 10.5 million euros and more than 863.9 million rubles at average exchange rates of 540.88 drams for 1€ and 12,30 drams for 1 ruble respectively.

During the week the banks were said to have sold a total of $79.7 million, around €10.3 million and approximately 115.3 million rubles at 410.91, 544.49 and 12.49 drams respectively.

Besides, the banks issued 34.3 billion drams worth loans in the Armenian currency and $43.7 million worth loans in USD. ($ 1 – 409.41 drams). -0-

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