Over $86.5 million bought by Armenian banks last week

18.07.2016 16:47
Over $86.5 million bought by Armenian banks last week

YEREVAN, July 18. /ARKA/. Armenia’s commercial banks bought more than $86.5 million from the local foreign currency market on July 11 - 15 at the average weighted exchange rate of 475.75 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 8.4 million euros and 1.2 billion Russian rubles at the average weighted exchange rates of 526.06 and 7.42 drams per one euro and one ruble respectively.

The banks also sold about $96.9million, € 14.2 million and 424.9 million rubles at average weighted exchange rates of 477.23, 529.43 and 7.52 drams respectively.

In addition, from July 4 to 10, the banks provided 40.2 billion drams worth loans in the national currency and $29.3 million worth loans in USD. ($ 1- 476.75 drams).  --0----


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