Armenia’s Commercial Banks purchase over $120.8mln at intra-banking Forex market last week

30.09.2013 11:17
Armenia’s Commercial Banks purchase over $120.8mln at intra-banking Forex market last week

YEREVAN, September 30. /ARKA/. Armenian commercial banks purchased more than $120.8mln at a weighted average rate of 404.86 drams per $1 in intra-banking foreign exchange market on September 23-28, the press service of the Central Bank reported.

In the same period, about 9.6mln euros and over 989.6mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 545.99drams per €1 and 12.56drams per ruble respectively.

At the same time, about $126.5 mln, about €13.2 mln and about 114.4 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 406.49drams, 549.94drams and 12.73drams respectively.

Dram loans extended by Armenian banks during the week before (September 16-22) totalled 33.4bln drams; dollar loans amounted to a total of $38.8mln. ($1=405.06drams).  –0–


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