Armenia’s Commercial Banks purchase over $101mln at intra-banking forex market last week

22.07.2013 14:42
Armenia’s Commercial Banks purchase over $101mln at intra-banking forex market last week

YEREVAN, July 22. /ARKA/. Armenian commercial banks purchased more than $101mln at a weighted average rate of 409.67drams per $1 in intra-banking foreign exchange market from July 15 to July 19, the press service of the Central Bank reported.

In the same period, about 6.5mln euros and over 832.4mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 534.72drams per €1 and 12.53drams per ruble respectively.

At the same time, about $113.6mln, about €12.3mln and about 83.4mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 410.86drams, 538.97drams and 12.69drams respectively.

Dram loans extended by Armenian banks during the week before (July 8-14) totalled 31.8bln drams; dollar loans amounted to a total of $45.4mln. ($1=410.27drams).  –0--


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