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Armenia’s commercial banks purchase over $58.6mln at intra-banking forex market last week

YEREVAN, January 13. /ARKA/. Armenian commercial banks purchased more than $58.6mln at a weighted average rate of 405.69 drams per $1 in intra-banking foreign exchange market on January 8-10, the press service of the Central Bank reported.

In the same period, about 3.9mln euros and over 671.8mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 552.17drams per €1 and 12.13drams per ruble respectively.

At the same time, about $95.3 mln, about €7.8 mln and about 60.1 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 406.79drams, 556.76drams and 12.38drams respectively.

Dram loans extended by Armenian banks on December 23-29, 2013, totalled 71.1bln drams; dollar loans amounted to a total of $129.8mln. ($1=408.09drams).  –0–

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