Armenia’s commercial banks purchase about $87 mln at intra-banking forex market last week

16.03.2015 12:53
Armenia’s commercial banks purchase about $87 mln at intra-banking forex market last week

YEREVAN, March 16. /ARKA/. Armenian commercial banks purchased about $87 mln at a weighted average rate of 479.98 drams per $1 in intra-banking foreign exchange market on March 9 to 13, the press service of the Central Bank reported.

In the same period, about 7.1 mln euros and about 578.7 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 515.62 drams per €1 and 7.8 drams per ruble respectively.

At the same time, about $76.85mln, €15.7mln and about 197 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 481.64 drams, 521.11drams and 7.99 drams respectively.

Dram loans extended by Armenian banks during the week before (March 2-8) totaled about 30.9 bln drams; dollar loans amounted to a total of $51.5mln. ($1=481.28drams). –0--


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