Over $68.4 million bought by Armenian banks last week at local forex market

02.05.2016 19:01
Over $68.4 million bought by Armenian banks last week at local forex market

YEREVAN, May 2. /ARKA/. From April 25 to 29 all Armenia-based banks bought over $68.4 million at the local forex market at the average weighted exchange rate of 479.07 drams per $1, the Central Bank said.

In the same time span they bought also 7.9 million euros and about 804.7 million Russian rubles at the average weighted exchange rates of 538.93 and 7.24 drams respectively.

The banks also sold about $62.9 million, € 12.7 million and 804.7 million Russian rubles at the average weighted exchange rates of 480.75, 544.06 and 7.34 drams respectively.

Armenia’s banks lent 44.2 billion Armenian drams and 72.6 million US dollars over a period between April 18 and 24. ($1– AMD 478.61). --0---


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