Armenian commercial banks buy $70.4 million at local market November 15-19

19.11.2010 22:08
Armenian commercial banks buy $70.4 million at local market November 15-19

YEREVAN, November 19, /ARKA/. Armenian commercial banks bought a total of $70.4 million at the local foreign exchange market November 15-19 at an average weighted exchange rate of 361.22 Drams per one USD, the Central Bank of Armenia said.
It also said the banks sold about $73 million in the same time span at 362.6 Drams per one USD.

The total amount of deals in USD effected at NASDAQ OMX Armenia stock exchange was $13.8 million at the average exchange rate of 361.2 Drams per one USD.

Also $1.05 million were sold and purchased at inter-bank market at the exchange rate of 362.29 Drams per one USD.

On November 8-14 Armenian banks extended 14.9 billion Drams worth loans in Armenian national currency and also loans in USD worth $40.8 million. ($1 – 361.05 Drams). -0-


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