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Armenia’s commercial banks purchase over $94.6 mln at intra-banking forex market last week

YEREVAN, January 29. /ARKA/. Armenian commercial banks purchased more than $94.6mln at a weighted average rate of 406.33drams per $1 in intra-banking foreign exchange market on January 20-24, the press service of the Central Bank reported.

In the same period, about 5.1mln euros and over 620.8mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 551.02drams per €1 and 11.92drams per ruble respectively.

At the same time, about $92.5mln, about €11.7mln and about 134.3mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 407.52drams, 554.53drams and 12.10drams respectively.

Dram loans extended by Armenian banks during the week before (January 13-19) totalled 37.1bln drams; dollar loans amounted to a total of $44mln. ($1=408.48drams).–0–

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