Armenia’s commercial banks purchase over $82.5mln at intra-banking forex market last week

03.06.2013 13:17
Armenia’s commercial banks purchase over $82.5mln at intra-banking forex market last week

YEREVAN, June 3. /ARKA/. Armenian commercial banks purchased more than $82.5mln at a weighted average rate of 416.12drams per $1 in intra-banking foreign exchange market from May 27 to June 1, the press service of the Central Bank reported.

In the same period, about 8.6mln euros and over 693mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 538.5drams per €1 and 13.10drams per ruble respectively.

At the same time, about $89.9mln, about €12.5mln and about 93.6mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 417.40drams, 542.06drams and 13.28drams respectively.

Dram loans extended by Armenian banks during the week before (May 20-26) totalled 37bln drams; dollar loans amounted to a total of $51.4mln. ($1=417.19drams). –0–


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