YEREVAN, August 29. /ARKA/. Armenia’s commercial banks bought more than $73 million from the local foreign currency market on August 22 to 26 at the average weighted exchange rate of 473.56 drams per one USD, the Central Bank of Armenia reported on Monday.
It said the banks also bought 5.7 million euros and 1.2 billion Russian rubles at the average weighted exchange rates of 533.11 and 7.31 drams per one euro and one ruble respectively.
The banks also sold about $78.9 million, € 13.8 million and 494 million rubles at average weighted exchange rates of 475.30, 537.15 and 7.41 drams respectively.
In addition, from August 15 to 21, the banks provided 43 billion drams worth loans in the national currency and $32 million worth loans in USD. ($ 1- 474.58 drams). –0—-
