Armenia’s commercial banks purchase about $117.8mln at intra-banking forex market last week

YEREVAN, December 1. /ARKA/. Armenian commercial banks purchased about $117.8mln at a weighted average rate of 429.35 drams per $1 in intra-banking foreign exchange market on November 24 – 28, the press service of the Central Bank reported.

In the same period, about 7.8mln euros and about 651.9mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 533.75drams per €1 and 9.22drams per ruble respectively.

At the same time, about $133.5mln, about €17.7 mln and about 248 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 431.78drams, 540.88drams and 9.054drams respectively.

Dram loans extended by Armenian banks during the week before (November 17-23) totalled 39.9bln drams; dollar loans amounted to a total of $51.7mln. ($1=433.69drams). –0–

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