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Around $99.3 million bought by Armenian banks last week

YEREVAN, October 8. /ARKA/. Armenia’s commercial banks bought around $99.3 million from the local foreign currency market on October 1 to 5 at the average weighted exchange rate of 483.28 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 9.18 million euros and 1 930.6 million Russian rubles at the average weighted exchange rates of 557.08 and 7.32 drams per one euro and one ruble respectively.

The banks also sold about $109.3 million, € 33.6 million and 762.5 million rubles at average weighted exchange rates of 484.72, 560.53 and 7.43 drams respectively.

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

In addition, from September 24 to 30, the banks have provided 66 billion drams worth loans in the national currency and $73.1 million worth loans in USD. ($ 1- AMD 485.51 drams). -0—-

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