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Around $82.7 million bought by Armenian banks last week

YEREVAN, September 24. /ARKA/. Armenia’s commercial banks bought around $82.7 million from the local foreign currency market on September 17 to 20 at the average weighted exchange rate of 483.11 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 10.9 million euros and 1 431.7 million Russian rubles at the average weighted exchange rates of 562.61 and 7.11 drams per one euro and one ruble respectively.

The banks also sold about $83.5 million, € 12.9 million and 479.8 million rubles at average weighted exchange rates of 484.85, 566.43 and 7.20 drams respectively.

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

In addition, from September 10 to 16, the banks have provided 64.9 billion drams worth loans in the national currency and $33 million worth loans in USD. ($ 1- AMD 482.44 drams). –0—-

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