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Armenia’s commercial banks purchase about $87.4 mln at intra-banking forex market last week

YEREVAN, August 19. /ARKA/. Armenian commercial banks purchased about $87.4mln at a weighted average rate of 410.47drams per $1 in intra-banking foreign exchange market on August 11 – 15, the press service of the Central Bank reported.

In the same period, over 5.3mln euros and 995.7mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 547.5 drams per €1 and 11.29 drams per ruble respectively.

At the same time, about $104.5mln, about €12.8mln and 117.7mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 411.69drams, 552.05 drams and 11.45drams respectively.

Dram loans extended by Armenian banks during the week before (August 4-10) totalled 30.4bln drams; dollar loans amounted to a total of about $31.4mln. ($1=409drams). –0–

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