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Armenian banks bought about $54 million last week at local Forex market

YEREVAN, March 21. /ARKA/. From March 14 to March 18 all Armenia-based banks bought about $53.89 million at the local Forex market at the average weighted exchange rate of 486.17 drams per $1, the Central Bank said.

In the same time span they bought also 5.292 million euros and about 693.642 million Russian rubles at the average weighted exchange rates of 541.03 and 6.93 drams respectively.

The banks also sold about $54,814,000, € 9,251 million and 365,524,000 Russian rubles at the average weighted exchange rates of 488.05, 546.37 and 7.03 drams respectively.

Also from March 7 to March 13 the banks provided 34.2 billion drams worth loans in the national currency and $34.2 million loans in USD. ($ 1- 486.07 drams). -0-

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