Armenian banks bought $57.2 million in one week

12.10.2015 20:48
Armenian banks bought $57.2 million in one week

YEREVAN, October 12. / ARKA /. Twenty-one Armenia-based commercial banks bought a total of $57.2 million from the local foreign exchange intra-market from October 5 to October 9 at the weighted average exchange rate of 471.8 drams per $1, the press service of the Central Bank said.

It said also in the same time span they bought 5.8 million Euros and about 1.6 billion Russian rubles at weighted average exchange rates of 528.34 per one Euro and 7.38 drams per one ruble.

The banks also sold $81 million, €11. 4 million and 328.5 million Russian rubles at the weighted average exchange rates of 473.73 drams, 534.01 drams and 7.5 drams respectively.

Besides, from September 28 to October 4 the banks issued about 65.4 billion drams worth loans in the Armenian national currency and $72.6 million loans in US currency.

Also a total of $5.95 million were traded at NASDAQ OMX Armenia stock exchange from October 5 to October 9, up from $2.85 traded a week before, the Central Bank reported. It said the US Dollar at NASDAQ OMX traded at 472.95 drams average weighted exchange rate. ($1 – 473.08 drams). –0–


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