$85.7 million bought by Armenian banks in one week

23.02.2016 13:38
$85.7 million bought by Armenian banks in one week

YEREVAN, February 22. /ARKA/. Armenia-based commercial banks bought a total of $44.2 million from the local foreign exchange intra-market from February 15 to 19 at the weighted average exchange rate of 494.98 drams per $1, the press service of the Central Bank of Armenia said.

It said also in the same time span they bought 6.2 million Euros and about 1 billion Russian rubles at weighted average exchange rates of 551.37 per one Euro and 6.4 drams per one ruble.

The banks also sold $80.7 million, €10.9 million and 434.1 million Russian rubles at the weighted average exchange rates of 496.41 drams, 556.51 drams and 6.5 drams respectively.

Besides, from February 8 to 14 the banks extended about 36.2 billion drams worth loans in the Armenian national currency and $25.3 million in the US currency. ($1 – AMD 495.53). --0----


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