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Armenia’s commercial banks purchase about $76.6 mln at intra-banking forex market last week

YEREVAN, October 13./ARKA/. Armenian commercial banks purchased about $76.6mln at a weighted average rate of 409.64rams per $1 in intra-banking foreign exchange market on October 6-10, the press service of the Central Bank reported.

In the same period, 7.1 mln euros and about 998 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 517.18 drams per €1 and 10.19 drams per ruble respectively.

At the same time, about $84.9mln, €18mln and 144.5mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 410.97drams, 519.52drams and 10.34drams respectively.

Dram loans extended by Armenian banks during the week before (September 29 – October 5) totaled about 44.9bln drams; dollar loans amounted to a total of $41.8mln. ($1=412.37drams). –0–

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