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Around $93 million bought by Armenian banks last week

YEREVAN, April 23. /ARKA/. Armenia’s commercial banks bought around $92.3 million from the local foreign currency market on April 16 to 20 at the average weighted exchange rate of 480.54 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 9.9 million euros and 998.2 million Russian rubles at the average weighted exchange rates of 592.42 and 7.76 drams per one euro and one ruble respectively.

The banks also sold about $80.3 million, € 10.7 million and 621.1 million rubles at average weighted exchange rates of 481.99, 596.66 and 7.89 drams respectively.

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

In addition, from April 9 to April 5, the banks have provided 49.2 billion drams worth loans in the national currency and $47.6 million worth loans in USD. ($ 1- AMD 480.18 drams). –0—-

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