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Armenia’s commercial banks purchase about $100 mln at intra-banking forex market last week

YEREVAN, December 15. /ARKA/. Armenian commercial banks purchased about $100 mln at a weighted average rate of 454.88rams per $1 in intra-banking foreign exchange market on December 8 to December 12, the press service of the Central Bank reported.

In the same period, 7.7 mln euros and about 631.39 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 562.83 drams per €1 and 8.36 drams per ruble respectively.
At the same time, about $124.47mln, €14.5mln and about 173.6mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 459.23drams, 570.66drams and 8.68drams respectively.

Dram loans extended by Armenian banks during the week before (December 1-7) totaled about 58.4bln drams; dollar loans amounted to a total of $41.3mln. ($1=462.81drams). –0–

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