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Armenian banks bought $65.7 million at local forex market

YEREVAN, April 18. / ARKA /. Armenian commercial banks bought a total of $65.7 million at the local forex market from 11 to 15 April at the weighted average exchange rate of 482.58 drams per $1, the Central Bank reported.

They also bought 5.9 million euros and about 835.8 million Russian rubles at weighted average rates of 544.85 and 7.21 drams respectively.

At the same time, they sold about $59.7 million, €9.7 million and about 399.9 million Russian rubles at the weighted average exchange rates of 484.18, 551.57 and 7.33 drams respectively.

In addition, from 4 to 10 April Armenian banks provided 44.6 billion drams worth loans in the national currency and also  $72.8 million  worth loans in USD.($ 1- 482.36 drams). -0-

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