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Armenian banks bought $57.9 million at local intra-bank forex market from May 10 to May 13

YEREVAN, May 16. / ARKA /. Armenian banks bought a total of $57.9 million from the local intra-bank forex market from May 10 to May 13 at the average weighted exchange rate of 478.39 drams per $1,  the Central Bank said.

They also bought 4.6 million euros and about 846 million Russian rubles at the weighted average exchange rates of 542.47 per one euro and 7.27 drams  per one ruble respectively.

At the same time, they sold about $60.6 million, 7.5 million euros  and  about 336.6 million Russian rubles at the average weighted exchange rates of 479.96, 547.9 and 7.36 drams  per one USD, one euro and one ruble respectively.

In addition, from May  2 to May 8, the banks provided about 44.6 billion drams worth loans in the Armenian currency and $30.4 million worth loans in USD. ($ 1- 479.34 drams). -0-

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