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Armenia’s commercial banks purchase about $110.3 mln at intra-banking forex market last week

YEREVAN, October 6. /ARKA/. Armenian commercial banks purchased about $110.3mln at a weighted average rate of 407.33rams per $1 in intra-banking foreign exchange market on September 29 to October 3, the press service of the Central Bank reported.

In the same period, 8.4 mln euros and about 921.4 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 514.47 drams per €1 and 10.24 drams per ruble respectively.

At the same time, about $112.1mln, €24.9mln and 167.1mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 408.34drams, 517.98drams and 10.41drams respectively.

Dram loans extended by Armenian banks during the week before (September 22-28) totaled about 37.6bln drams; dollar loans amounted to a total of $61.9mln. ($1=407.88drams). –0–

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