Armenian Banks Buy $60.1 Million at Local Forex Market between July 6-9

09.07.2010 21:15
Armenian Banks Buy $60.1 Million at Local Forex Market between July 6-9

YEREVAN, July 9, /ARKA/. Armenian banks bought a total of $60.1 million at the local forex market during a time span between July 6-9 at an average exchange rate of 367.54 Drams per one USD, the Central Bank of Armenia said. In the same time span the banks sold about $60.2 million at an average weighted exchange rate of 368.88 Drams per one USD.

The total amount of deals in US Dollars effected at NASDAQ OMX Armenia stock exchange in the reporting period totaled $10.8 million at an average weighted exchange rate of 365.97 Drams per one USD.

Also a total of $700,000 worth deals were concluded at the inter-bank market at 368.8 Drams per one USD. Besides, the banks extended 17.4 billion worth loans in Drams and $65.2 million loans in USD from June 28 to July 4. ($1 – 365.94 Drams).-0-


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