Armenian commercial banks buy $75.2 million last week

22.05.2012 17:07
Armenian commercial banks buy $75.2 million last week

YEREVAN, May 22. /ARKA/. Armenian commercial banks bought more than $75.2 million at the local forex market over a period between May 14 and 19 at the average exchange rate of 395.39 drams per one USD, the Central Bank of Armenia told ARKA.

It said the banks bought also about 145.7 million euros at 508.18 drams exchange rate per one euro and over 597.4 million rubles at 12.82 drams rate per one ruble.

In the same time span the banks sold over $90.7 million at 396.7 drams rate, about €152.8 million at 508.36 drams exchange rate and 109.8 million rubles at 13.04 drams exchange rate per one ruble.
The volume of inter-bank transactions was $3.5 million at 397.36 drams rate per one $1.

Neither euro nor ruble deals were effected at inter-bank market over the mentioned period of time.
Armenian banks lent AMD 24.5 billion and $36.8 million between April 30 and May 6. ($1 – AMD 398.79). -0--


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