Armenia’s commercial banks purchase over $103.3mln at intra-banking forex market last week

23.12.2013 14:25
Armenia’s commercial banks purchase over $103.3mln at intra-banking forex market last week

YEREVAN, December 23. /ARKA/. Armenian commercial banks purchased more than $103.3mln at a weighted average rate of 404.54 drams per $1 in intra-banking foreign exchange market on December 16-20, the press service of the Central Bank reported.

In the same period, about 39mln euros and over 982.7mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 557.13drams per €1 and 12.22drams per ruble respectively.

At the same time, about $103.3 mln, about €44 mln and about 140.6 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 405.66drams, 557.79drams and 12.39drams respectively.

Dram loans extended by Armenian banks during the week before (December 9-15) totalled 55bln drams; dollar loans amounted to a total of $58.3mln. ($1=405.54drams). –0–


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