Armenia’s Commercial Banks purchase over $70.4 mln at intra-banking forex market last week

14.10.2013 12:55
Armenia’s Commercial Banks purchase over $70.4 mln at intra-banking forex market last week

YEREVAN, October 14. /ARKA/. Armenian commercial banks purchased more than $70.4mln at a weighted average rate of 405.67drams per $1 in intra-banking foreign exchange market on October 7-11, the press service of the Central Bank reported.

In the same period, about 5.3mln euros and over 836.4mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 548.90drams per €1 and 12.49drams per ruble respectively.

At the same time, about $90.8mln, about €11.5mln and about 100.3mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 407.04drams, 552.58drams and 12.67drams respectively.

Dram loans extended by Armenian banks during the week before (September 30 – October 6) totalled 34.8bln drams; dollar loans amounted to a total of $55.3mln. ($1=408.14drams). –0—


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