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Around $76.4 million bought by Armenian banks last week

YEREVAN, January 15. /ARKA/. Armenia’s commercial banks bought around $76.4 million from the local foreign currency market on January 8 to 12 at the average weighted exchange rate of 483.55 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 15.5 million euros and 1.6 billion Russian rubles at the average weighted exchange rates of 577.66 and 8.39 drams per one euro and one ruble respectively.

The banks also sold about $100 million, € 15.1 million and 398.1 million rubles at average weighted exchange rates of 485.25, 582.77 and 8.53 drams respectively.

In addition, from December 25 to January 7, the banks have provided 102.6 billion drams worth loans in the national currency and $147.6 million worth loans in USD. ($ 1- AMD 483.51 drams). –0—-

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