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Armenian banks bought $75.8 million in one week

YEREVAN, February 1. /ARKA/. Armenia-based commercial banks bought a total of $75.8 million from the local foreign exchange intra-market from January 25 to 29 at the weighted average exchange rate of 487.13 drams per $1, the press service of the Central Bank of Armenia said.

It said also in the same time span they bought 5.4 million Euros and about 1.1 billion Russian rubles at weighted average exchange rates of 527.37 per one Euro and 6.11 drams per one ruble.

The banks also sold $91.4 million, €9.2 million and 527.2 million Russian rubles at the weighted average exchange rates of 489.05 drams, 532.63 drams and 6.2 drams respectively.

Besides, from January 18 to 24 the banks extended about 37.7 billion drams worth loans in the Armenian national currency and $37 million in the US currency. ($1 – AMD 488.75). –0—-

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