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Around $65 million bought by Armenian banks last week

YEREVAN, July 9. /ARKA/. Armenia’s commercial banks bought around $65 million from the local foreign currency market on July 2 to 6 at the average weighted exchange rate of 482.08 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 19.4 million euros and 1 476.7 million Russian rubles at the average weighted exchange rates of 561.25 and 7.62 drams per one euro and one ruble respectively.

The banks also sold about $76.7 million, € 24.4 million and 558.9 million rubles at average weighted exchange rates of 483.29, 563.48 and 7.70 drams respectively.

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

In addition, from June 25 to July 1, the banks have provided 72.7 billion drams worth loans in the national currency and $71.3 million worth loans in USD. ($ 1- AMD 483.17 drams). -0—-

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