Armenia’s commercial banks purchase over $92.9mln at intra-banking forex market last week

08.04.2013 12:18
Armenia’s commercial banks purchase over $92.9mln at intra-banking forex market last week

YEREVAN, April 8. /ARKA/. Armenian commercial banks purchased more than $92.9mln at a weighted average rate of 416.99drams per $1 in intra-banking foreign exchange market on April 1-5, the press service of the Central Bank reported.

In the period, about 4.4mln euros and over 438.2mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 534.17drams per €1 and 13.22drams per ruble respectively.

At the same time, about $112mln, about €9.1mln and about 86.7mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 418.54drams, 537.85drams and 13.36drams respectively.

Dram loans extended by Armenian banks during the week before (March 25-31) totaled 34.2bln drams; dollar loans amounted to a total of $105.4mln. ($1=418.25drams).  –0–


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