Over $74.7 million bought by Armenian banks last week

19.09.2016 21:08
Over $74.7 million bought by Armenian banks last week

YEREVAN, September 19. /ARKA/. Armenia’s commercial banks bought more than $74.7 million from the local foreign currency market on September 12 to 16 at the average weighted exchange rate of 473.24 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.6 million euros and 1.5 billion Russian rubles at the average weighted exchange rates of 529.80 and 7.27 drams per one euro and one ruble respectively.

The banks also sold about $73.9 million, € 13.7 million and 563.8 million rubles at average weighted exchange rates of 474.81, 534.01 and 7.37 drams respectively.

In addition, from September 5 to 11, the banks provided 41.9 billion drams worth loans in the national currency and $36.8 million worth loans in USD. ($ 1- 473.74 drams).  --0----


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