YEREVAN, March 13. /ARKA/. Armenia’s commercial banks bought around $61.9 million from the local foreign currency market on March 6 to 10 at the average weighted exchange rate of 485.53 drams per one USD, the Central Bank of Armenia reported on Monday.
It said the banks also bought 7.3 million euros and 710.5 million Russian rubles at the average weighted exchange rates of 511.66 and 8.26 drams per one euro and one ruble respectively.
The banks also sold about $70.5 million, € 8.8 million and 394.7 million rubles at average weighted exchange rates of 487.18, 515.94 and 8.36 drams respectively.
No dollar exchange transactions have been effected at NASDAQ OMX Armenia stock exchange over the mentioned period.
In addition, from February 27 to March 5, the banks provided 43.7 billion drams worth loans in the national currency and $88.2 million worth loans in USD. ($ 1- 486.03 drams). –0—-
