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Around $109.3 million bought by Armenian banks last week

YEREVAN, December 3. /ARKA/. Armenia’s commercial banks bought around $109.3 million from the local foreign currency market on November 26 to 30 at the average weighted exchange rate of 484.28 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 19.9 million euros and 1 511.9 million Russian rubles at the average weighted exchange rates of 548.42 and 7.24 drams per one euro and one ruble respectively.

The banks also sold about $112.6 million, € 23.4 million and 761.4 million rubles at average weighted exchange rates of 485.65, 551.79 and 7.32 drams respectively.

In addition, from November 19 to 23, the banks have provided 52.2 billion drams worth loans in the national currency and $45.8 million worth loans in USD. ($ 1- AMD 485.23 drams). -0—-

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