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Around $93.8 million bought by Armenian banks last week

YEREVAN, October 1. /ARKA/. Armenia’s commercial banks bought around $93.8 million from the local foreign currency market on September 24 to 28 at the average weighted exchange rate of 481.45 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 13.1 million euros and 1 757.5 million Russian rubles at the average weighted exchange rates of 563.16 and 7.26 drams per one euro and one ruble respectively.

The banks also sold about $128.3 million, € 20.3 million and 632.7 million rubles at average weighted exchange rates of 482.61, 567.06 and 7.36 drams respectively.

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

In addition, from September 17 to 23, the banks have provided 59.6 billion drams worth loans in the national currency and $56.1 million worth loans in USD. ($ 1- AMD 482.71 drams). –0—-

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