Around $66.6 million bought by Armenian banks last week

12.12.2016 16:48
Around $66.6 million bought by Armenian banks last week

YEREVAN, December 12. /ARKA/. Armenia’s commercial banks bought around $66.6 million from the local foreign currency market on December 5 to 9 at the average weighted exchange rate of 481.34 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.6 million euros and 1 321.5 million Russian rubles at the average weighted exchange rates of 513.86 and 7.53 drams per one euro and one ruble respectively.

The banks also sold about $82.7 million, € 10.47 million and 775.9 million rubles at average weighted exchange rates of 482.71, 518.34 and 7.61 drams respectively.

In addition, from November 28 to December 4, the banks provided 47.6 billion drams worth loans in the national currency and $56.8 million worth loans in USD. ($ 1- 483.58 drams). --0----


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