Armenian commercial banks buy $86.4 million at local forex market on June 11-15

19.06.2012 17:50
Armenian commercial banks buy  $86.4 million at  local forex market on June 11-15

YEREVAN, June 19, /ARKA/. Armenian commercial banks bought a total of $86.4 million at the local forex market on June 11-15 at the average exchange rate of 413.08 drams per one USD, the Central Bank of Armenia told ARKA.

It said the banks bought also about 4.9 million euros at 516.58 drams exchange rate per one euro and over 563 million rubles at 12.27 drams rate per one ruble. In the same time span the banks sold over $97.3 million at 414.42 drams rate, over €7.2 million at 520.85 drams exchange rate and 73 million rubles at 12.79 drams exchange rate per one ruble.

Besides, from June 4 to June 10 the banks provided 26.6 billion drams worth loans in Armenian currency and $39.6 million loans in USD. ($1 – 414.96 drams). -0-


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