YEREVAN, November 14. /ARKA/. Armenia’s commercial banks bought around $73.5 million from the local foreign currency market on November 7 to 11 at the average weighted exchange rate of 477.4 drams per one USD, the Central Bank of Armenia reported on Monday.
It said the banks also bought 6.9 million euros and 856.7 million Russian rubles at the average weighted exchange rates of 526.02 and 7.43 drams per one euro and one ruble respectively.
The banks also sold about $82.2 million, € 11.4 million and 450.7 million rubles at average weighted exchange rates of 479.09, 528.83 and 7.54 drams respectively.
In addition, from October 31 to November 6, the banks provided 55 billion drams worth loans in the national currency and $44.7 million worth loans in USD. ($ 1- 477.34 drams). —0—-
