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Around $114.1 million bought by Armenian banks last week

YEREVAN, November 20. /ARKA/. Armenia’s commercial banks bought around $114.1 million from the local foreign currency market on November 13 to 17 at the average weighted exchange rate of 486.74 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 15 million euros and 1.7 billion Russian rubles at the average weighted exchange rates of 569.95 and 8.13 drams per one euro and one ruble respectively.

The banks also sold about $100.4 million, € 14.3 million and 633.7 million rubles at average weighted exchange rates of 488.4, 573.67 and 8.21 drams respectively.

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

In addition, from November 6 to 12, the banks provided 47.4 billion drams worth loans in the national currency and $74.1 million worth loans in USD. ($ 1- AMD 487.29 drams). –0—-

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