Armenian banks bought $81.9 million at local forex market

03.04.2017 16:54
Armenian banks bought $81.9 million at local forex market

YEREVAN, April 3. /ARKA/. Armenian commercial banks bought a total of $81.9 million at the local forex marked in a time span from March 27 to March 31 at the weighted average rate of 483.06 drams for $1, the press service of the Central Bank said.

It said they also bought 16.8 million euros and about 936.1 million Russian rubles at the weighted average rates of 520.62 drams for €1 and 8.47 drams for 1 ruble, respectively.

At the same time, they sold about $103.6 million, €13.3 million and 392 million Russian rubles at the weighted average rates of 484.39 drams, 524.58 drams and 8.57 drams respectively.

Also $700,000 worth transactions with USD were effected at NASDAQ OMX Armenia stock exchange at the exchange rate of 484 drams per one USD.

Besides, , from March 20 to March 26, the banks provided about 44.9 billion drams worth loans in the national currency and $44.4 million worth loans in USD. ($ 1- 483.45 drams). AA -0-


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