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Armenia’s commercial banks purchase about $82 mln at intra-banking forex market last week

YEREVAN, July 6. /ARKA/. Armenian commercial banks purchased about $82 mln at a weighted average rate of 472.07 drams per $1 in intra-banking foreign exchange market on June 29 to July 3, the press service of the Central Bank reported.

In the same period, about 8.2 mln euros and about 1.1 billion rubles were purchased on the intra-banking forex market at weighted average exchange rates of 523.44 drams per €1 and 8.45 drams per ruble respectively.

At the same time, about $88.6 mln, €15.1 mln and about 238.6 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 473.32 drams, 528.38 drams and 8.61 drams respectively.

Dram loans extended by Armenian banks during the week before (June 22-28) totaled about $29.9 bln; dollar loans amounted to a total of $37.4mln. ($1=473.52 drams). –0–

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