Over $74.7 million bought by Armenian banks last week

YEREVAN, October 10. /ARKA/. Armenia’s commercial banks bought more than $72.4 million from the local foreign currency market on October 3 to 7 at the average weighted exchange rate of 473.43 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.1 million euros and 1.27 billion Russian rubles at the average weighted exchange rates of 528.41 and 7.53 drams per one euro and one ruble respectively.

The banks also sold about $94.3 million, € 11.59 million and 575.4 million rubles at average weighted exchange rates of 474.83, 532.46 and 7.63 drams respectively.

In addition, from September 26 to October 2, the banks provided 46.7 billion drams worth loans in the national currency and $48.8 million worth loans in USD. ($ 1- 474.59 drams).  –0—-

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