Around $83.4 million bought by Armenian banks last week

05.12.2016 17:00
Around $83.4 million bought by Armenian banks last week

YEREVAN, December 5. /ARKA/. Armenia’s commercial banks bought around $83.4 million from the local foreign currency market on November 28 to December 2 at the average weighted exchange rate of 479.44 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.6 million euros and 1 055.7 million Russian rubles at the average weighted exchange rates of 507.57 and 7.41 drams per one euro and one ruble respectively.

The banks also sold about $79.3 million, € 11.7 million and 627 million rubles at average weighted exchange rates of 480.96, 512.56 and 7.50 drams respectively.

In addition, from November 21 to November 27, the banks provided 71.8 billion drams worth loans in the national currency and $25 million worth loans in USD. ($ 1- 480.74 drams). --0----


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