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Around $77.2 million bought by Armenian banks last week

YEREVAN, July 10. /ARKA/. Armenia’s commercial banks bought around $77.2 million from the local foreign currency market on July 3 to 7 at the average weighted exchange rate of 479.44 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 8.5 million euros and 1.19 billion Russian rubles at the average weighted exchange rates of 543.92 and 8 drams per one euro and one ruble respectively.

The banks also sold about $89.5 million, € 13.9 million and 453.5 million rubles at average weighted exchange rates of 480.70, 547.65 and 8.09 drams respectively.

No dollar exchange transactions have been effected at NASDAQ OMX Armenia stock exchange over the mentioned period.

In addition, from June 26 to July 2, the banks provided 60.2 billion drams worth loans in the national currency and $63 million worth loans in USD. ($ 1- AMD 479.53 drams). –0—-

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