Armenia’s commercial banks purchase about $86.1 mln at intra-banking forex market last week

YEREVAN, November 10. /ARKA/. Armenian commercial banks purchased about $86.1mln at a weighted average rate of 412.22rams per $1 in intra-banking foreign exchange market on November 3 to  7, the press service of the Central Bank reported.

In the same period, 6.2 mln euros and about 811.4 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 513.89 drams per €1 and 9.2 drams per ruble respectively.

At the same time, about $93.4mln, €15.6mln and 150.4mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 413.29drams, 517.89drams and 9.43drams respectively.

Dram loans extended by Armenian banks during the week before (October 27-November 2) totaled about 47.1bln drams; dollar loans amounted to a total of about $59.8mln. ($1=414.6drams). –0–

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