Armenia’s commercial banks purchase about $77 mln at intra-banking forex market last week

11.05.2015 12:36
Armenia’s commercial banks purchase about $77 mln at intra-banking forex market last week

YEREVAN, May 11. /ARKA/. Armenian commercial banks purchased about $77 mln at a weighted average rate of 478.85 drams per $1 in intra-banking foreign exchange market on May 4 to 8, the press service of the Central Bank reported.

In the same period, about 7.9 mln euros and about 911.7 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 535.12 drams per €1 and 9.31 drams per ruble respectively.

At the same time, about $96.1 mln, €12.6 mln and about 191.6 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 481.27 drams, 541.37 drams and 9.51 drams respectively.

Dram loans extended by Armenian banks during the week before (April 27 – May 3) totaled about 43.7 bln drams; dollar loans amounted to a total of $73.8mln. ($1=480.98 drams). –0--


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