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Over $74.7 million bought by Armenian banks last week

YEREVAN, October 3. /ARKA/. Armenia’s commercial banks bought more than $74 million from the local foreign currency market on September 26 to 30 at the average weighted exchange rate of 473.24 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.6 million euros and 1.25 billion Russian rubles at the average weighted exchange rates of 529.35 and 7.4 drams per one euro and one ruble respectively.

The banks also sold about $79.4 million, € 11.6 million and 441.6 million rubles at average weighted exchange rates of 474.66, 533.42 and 7.49 drams respectively.

In addition, from September 19 to 25, the banks provided 31.8 billion drams worth loans in the national currency and $38.2 million worth loans in USD. ($ 1- 474.46 drams).  –0—-

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