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Around $90 million bought by Armenian banks last week

YEREVAN, April 3. /ARKA/. Armenia’s commercial banks bought around $90 million from the local foreign currency market on March 26 to 30 at the average weighted exchange rate of 479.52 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 8.8 million euros and 1 billion Russian rubles at the average weighted exchange rates of 592.2 and 8.34 drams per one euro and one ruble respectively.

The banks also sold about $116.1 million, € 16.8 million and 635.4 billion rubles at average weighted exchange rates of 480.73, 595.72 and 8.42 drams respectively.

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

In addition, from March 19 to 25, the banks have provided 54.2 billion drams worth loans in the national currency and $68.6 million worth loans in USD. ($ 1- AMD 480.06 drams). -0—-

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