Armenia’s commercial banks purchase about $66.9 mln at intra-banking forex market last week

01.06.2015 14:36
Armenia’s commercial banks purchase about $66.9 mln at intra-banking forex market last week

YEREVAN, June 1. /ARKA/. Armenian commercial banks purchased about $66.9 mln at a weighted average rate of 477.79 drams per $1 in intra-banking foreign exchange market on May 25 to 29, the press service of the Central Bank reported.

In the same period, about 4.7 mln euros and about 657.7 mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 522.89 drams per €1 and 9.36 drams per ruble respectively.

At the same time, about $63.1mln, €8.9mln and about 214 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 480.1 drams, 528.16 drams and 9.49drams respectively.

Dram loans extended by Armenian banks during the week before (May 18 to May 24) totaled about 33.3bln drams; dollar loans amounted to a total of $33.1mln. ($1=478.54 drams). –0–


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