Around $136.6 million bought by Armenian banks last week

YEREVAN, December 11. /ARKA/. Armenia’s commercial banks bought around $136.6 million from the local foreign currency market on December 4 to 8 at the average weighted exchange rate of 484.09 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 9.4 million euros and 1.6 billion Russian rubles at the average weighted exchange rates of 572.06 and 8.18 drams per one euro and one ruble respectively.

The banks also sold about $139.1 million, € 18.8 million and 663.1million rubles at average weighted exchange rates of 485.10, 575.65 and 8.27 drams respectively.

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

In addition, from November 27 to December 3, the banks provided 68.5 billion drams worth loans in the national currency and $48.4 million worth loans in USD. ($ 1- AMD 485.25 drams). -0—-

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