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Armenian banks bought $67.9 million in one week

YEREVAN, January 25. /ARKA/. Armenia-based commercial banks bought a total of $67.9 million from the local foreign exchange intra-market from January 18 to 22 at the weighted average exchange rate of 484.81 drams per $1, the press service of the Central Bank of Armenia said.

It said also in the same time span they bought 11.4 million Euros and about 1 billion Russian rubles at weighted average exchange rates of 526.19 per one Euro and 6.01 drams per one ruble.

The banks also sold $74.1 million, €17.3 million and 380 million Russian rubles at the weighted average exchange rates of 487.29 drams, 530.30 drams and 6.15 drams respectively.

Besides, from December 11 to January 17 the banks extended about 38.7 billion drams worth loans in the Armenian national currency and $32.8 million in the US currency. ($1 – AMD 487.33)..—0—-

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