Over $94.4 million bought by Armenian banks last week

22.08.2016 13:02
Over $94.4 million bought by Armenian banks last week

YEREVAN, August 22. /ARKA/. Armenia’s commercial banks bought more than $94.4 million from the local foreign currency market on August 15 to 19 at the average weighted exchange rate of 474.93 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 6.1 million euros and 1.3 billion Russian rubles at the average weighted exchange rates of 531.54 and 7.36 drams per one euro and one ruble respectively.

The banks also sold about $69.2 million, € 10 million and 376.7 million rubles at average weighted exchange rates of 476.13, 535.42 and 7.48 drams respectively.

In addition, from August 8 to 14, the banks provided 31.7 billion drams worth loans in the national currency and $39.9 million worth loans in USD. ($ 1- 474.69 drams).  ---0----


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