YEREVAN, October 18. /ARKA/. Armenia’s commercial banks bought more than $87.1 million from the local foreign currency market on October 10 to 14 at the average weighted exchange rate of 474.86 drams per one USD, the Central Bank of Armenia reported on Monday.
It said the banks also bought 9.1 million euros and 1 billion Russian rubles at the average weighted exchange rates of 525.501 and 7.56 drams per one euro and one ruble respectively.
The banks also sold about $81 million, € 18.2 million and 384.3 million rubles at average weighted exchange rates of 476.6, 528.56 and 7.67 drams respectively.
In addition, from October 3 to 9, the banks provided 46.7 billion drams worth loans in the national currency and $48.7 million worth loans in USD. ($ 1- 476.56 drams). –0—-
