Armenia’s commercial banks purchase over $101.6 mln at intra-banking forex market last week

03.02.2014 13:36
Armenia’s commercial banks purchase over $101.6 mln at intra-banking forex market last week

YEREVAN, February 3. /ARKA/. Armenian commercial banks purchased more than $101.6mln at a weighted average rate of 407.96drams per $1 in intra-banking foreign exchange market on January 29 – February 1, the press service of the Central Bank reported.

In the same period, about 4.8mln euros and over 585mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 554.53drams per €1 and 11.59drams per ruble respectively.

At the same time, about $132.2mln, about €12.3mln and about 95.3mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 408.93drams, 557.93drams and 11.76drams respectively.

Dram loans extended by Armenian banks during the week before (January 20-26) totalled 50.3bln drams; dollar loans amounted to a total of $30.5mln. ($1=408.03drams).–0--


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