Armenia’s commercial banks purchase over $136.2 mln at intra-banking forex market last week

YEREVAN, June 2. /ARKA/. Armenian commercial banks purchased over $136.2mln at a weighted average rate of 412.54 drams per $1 in intra-banking foreign exchange market on May 26-31, the press service of the Central Bank reported.

In the same period, about 9.9mln euros and about 846.5mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 560.82 drams per €1 and 11.91 drams per ruble respectively.

At the same time, over $145.6mln, about €14.4mln and over 121.8mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 413.47drams, 565.25drams and 12.06drams respectively.

Dram loans extended by Armenian banks during the week before (May 19-25) totalled 39.2bln drams; dollar loans amounted to a total of $47.5mln. ($1=413.28drams). –0–

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