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$91.4 million bought by Armenian banks in one week

YEREVAN, December 7. /ARKA/. Twenty-one Armenia-based commercial banks bought a total of $91.4 million from the local foreign exchange intra-market from November 30 to December 4 at the weighted average exchange rate of 482.13 drams per $1, the press service of the Central Bank of Armenia said.

It said also in the same time span they bought 8.1 million Euros and about 1 billion Russian rubles at weighted average exchange rates of 512.98 per one Euro and 7.18 drams per one ruble.

The banks also sold $100.2 million, €10.8 million and 516.9 million Russian rubles at the weighted average exchange rates of 484.47 drams, 515.87 drams and 7.28 drams respectively.

Besides, from November 23 to 29 the banks extended about 36.3 billion drams worth loans in the Armenian national currency and $41.3 million loans in US currency. ($1 – AMD 484.43). —0—-

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