Tue, 29 July
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Armenia’s commercial banks purchase about $67.9 mln at intra-banking forex market last week

YEREVAN, June 29. /ARKA/. Armenian commercial banks purchased about $67.9 mln at a weighted average rate of 472.06 drams per $1 in intra-banking foreign exchange market on June 22 to 26, the press service of the Central Bank reported.

In the same period, about 9.2 mln euros and about 1 billion rubles were purchased on the intra-banking forex market at weighted average exchange rates of 532.56 drams per €1 and 8.65 drams per ruble respectively.

At the same time, about $93.6 mln, €15.5 mln and about 177.1 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 473.47 drams, 534.77 drams and 8.82 drams respectively.

Dram loans extended by Armenian banks during the week before (June 15-21) totaled about $34.4 bln; dollar loans amounted to a total of $31.4mln. ($1=473.18 drams). –0–

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