Wed, 23 July
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Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Armenian banks bought $66.5 million from local forex market

YEREVAN, September 10 / ARKA /. Seventeen Armenia-based commercial banks bought about $66.5 million from September 3 to September 7 at the local forex market at the weighted average rate of 483.24 drams for $1, the press service of the Central Bank reported.

It said also the banks bought 13.4 million euros and about 1.303.1 billion Russian rubles at the weighted average rate of 560.15 drams for €1 and 7.06 drams for 1 ruble, respectively.

At the same time, they sold about $91.8 million, €17.3 million and 749 million Russian rubles at the weighted average rate of 484.61 drams, 563.54 drams and 7.14 drams, respectively.

Besides, from August 27 to September 2, the banks provided about 79.6 billion dram worth loans in the Armenian national currency and about $39.5 million worth loans in USD. ($ 1- 482.16 drams). -0-

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