Over $68 million bought by Armenian banks last week

07.11.2016 13:31
Over $68 million bought by Armenian banks last week

YEREVAN, November 7. /ARKA/. Armenia’s commercial banks bought more than $68 million from the local foreign currency market on October 31 to November 4 at the average weighted exchange rate of 475.01 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.5 million euros and 961.3 million Russian rubles at the average weighted exchange rates of 522.07 and 7.47 drams per one euro and one ruble respectively.

The banks also sold about $88 million, € 9.6 million and 443.1 million rubles at average weighted exchange rates of 476.40, 526.15 and 7.57 drams respectively.

In addition, from October 24 to 30, the banks provided 88.3 billion drams worth loans in the national currency and $55.3 million worth loans in USD. ($ 1- 476.83 drams).  --0----


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