Around $71.3 million bought by Armenian banks last week

YEREVAN, November 13. /ARKA/. Armenia’s commercial banks bought around $71.3 million from the local foreign currency market on November 6 to 10 at the average weighted exchange rate of 485.33 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 8.3 million euros and 1 billion Russian rubles at the average weighted exchange rates of 562.12 and 8.20 drams per one euro and one ruble respectively.

The banks also sold about $80.8 million, € 14.8 million and 638.8 million rubles at average weighted exchange rates of 487.19, 565.99 and 8.31 drams respectively.

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

In addition, from October 30 to November 5, the banks provided 67.5 billion drams worth loans in the national currency and $45.2 million worth loans in USD. ($ 1- AMD 487.29 drams). -0—-

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