Armenian banks bought $64 million at local intra-bank forex market last week

24.05.2016 18:33
Armenian banks bought $64 million at local intra-bank forex market last week

YEREVAN, May 24. / ARKA /. Armenian banks bought a total of $64 million from the local intra-bank forex market from May 16 to May 20 at the average weighted exchange rate of 477.36 drams per $1,  he Central Bank said.

They also bought 6.5 million euros and about 833.4 million Russian rubles at the weighted average exchange rates of 536.85 per one euro and 7.27 drams per one ruble respectively.

At the same period, they sold about $60.7 million, 13.6 million euros and about 399 million Russian rubles at the average weighted exchange rates of 479.27, 541.58 and 7.37 drams  per one USD, one euro and one ruble respectively.

In addition, from May 9 to May 15, the banks provided about 32.6 billion drams worth loans in the Armenian currency and $37.4 million worth loans in US dollars. ($ 1- 477.63 drams). --0----


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