Around $68.4 million bought by Armenian banks last week

27.03.2017 16:57
Around $68.4 million bought by Armenian banks last week

YEREVAN, March 27. /ARKA/. Armenia’s commercial banks bought around $68.4 million from the local foreign currency market on March 20 to 24 at the average weighted exchange rate of 482.88 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 12.5 million euros and 899.1 million Russian rubles at the average weighted exchange rates of 518.02 and 8.36 drams per one euro and one ruble respectively.

The banks also sold about $86.9 million, € 10.7 million and 382.9 million rubles at average weighted exchange rates of 484.29, 523.17 and 8.46 drams respectively.

No dollar exchange transactions have been effected at NASDAQ OMX Armenia stock exchange over the mentioned period.

In addition, from March 13 to 19, the banks provided 45 billion drams worth loans in the national currency and $33.9 million worth loans in USD. ($ 1- AMD 484.04 drams). --0----


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