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Around $78.6 million bought by Armenian banks last week

YEREVAN, August 14. /ARKA/. Armenia’s commercial banks bought around $78.6 million from the local foreign currency market on July 28 to August 4 at the average weighted exchange rate of 477.99 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 10.3 million euros and 1.2 billion Russian rubles at the average weighted exchange rates of 561.36 and 7.92 drams per one euro and one ruble respectively.

The banks also sold about $86.8 million, € 17.5 million and 459.8 million rubles at average weighted exchange rates of 479.28, 566.98 and 8.02 drams respectively.

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

In addition, from July 31 to August 6, the banks provided 37.2 billion drams worth loans in the national currency and $56 million worth loans in USD. ($ 1- AMD 478.52 drams). –0—-

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