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Armenia’s commercial banks purchase about $103.6 mln at intra-banking forex market last week

YEREVAN, January 19. /ARKA/. Armenian commercial banks purchased about $103.6 mln at a weighted average rate of 475.03 drams per $1 in intra-banking foreign exchange market on January 12 to 16, the press service of the Central Bank reported.

In the same period, about 7.4 mln euros and about 812.5 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 561.68 drams per €1 and 7.35 drams per ruble respectively.

At the same time, about $162.5mln, €16.5mln and about 140.9mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 478.35 drams, 574.57drams and 7.73drams respectively.

Dram loans extended by Armenian banks during the week before (December 22, 2014, to January 11, 2015) totaled about 49.8bln drams; dollar loans amounted to a total of $72.2mln. ($1=478.45drams). –0–

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