Armenian banks buy $56.5 million at local forex market July 19-23

23.07.2010 19:06
Armenian  banks  buy  $56.5 million at  local forex market July 19-23

YEREVAN, July 23, /ARKA/. Armenian commercial banks  bought a total of $56.5 million at the local forex market at  weighted average exchange rate of 363.49 Drams per  $1 on  July 19-23, the Central Bank of Armenia reported. It said also a total of $55.8 million were sold in the same time span at  365.02 Drams per  $1.

The total amount of deals in USD at  NASDAQ OMX Armenia stock exchanged amounted to $6.8  million at  365.77  Drams per $1. Also $700,000 were sold and bought at  inter-bank market in the same time span at 366.95 Drams per  $1. Besides, the banks extended loans in Drams worth 15.5 million and loans in USD worth $38.5 million from July 12 to 18. ($1 – 366.33 Drams).  -0-


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