Armenian banks sell more dollars than buy

15.10.2011 19:20
Armenian banks sell more dollars than buy

YEREVAN, October 14. /ARKA/. Banks sold $87.1 million at 376.47 drams per one dollar and bought $81.2 million at 374.99 drams at intra-banking forex over a period between October 10 and 14, the press office of the Central Bank of Armenia reported on Friday.

Dollar-dram exchange transactions totaling $6.75 million were effected at NASDAQ OMX Armenia Stock Exchange over the mentioned period of time at $1 = 375.62 dram average exchange rate.

Dollar-dram exchange deals worth $1.1 million were effected at inter-banking forex at $1 = 375.62 dram exchange rate.

Armenian banks lent AMD 23.6 billion and $37.5 million over a period between October 3 and 9. ($1 = AMD 375.16). -0---


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