Around $70.6 million bought by Armenian banks last week

02.05.2017 14:11
Around $70.6 million bought by Armenian banks last week

YEREVAN, May 2. /ARKA/. Armenia’s commercial banks bought around $70.6 million from the local foreign currency market on April 25 to 28 at the average weighted exchange rate of 483.8 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 9.3 million euros and 860.9 million Russian rubles at the average weighted exchange rates of 523.62 and 8.55 drams per one euro and one ruble respectively.

The banks also sold about $81.5 million, € 12.4 million and 472.8 million rubles at average weighted exchange rates of 483.8, 527.39 and 8.63 drams respectively.

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

In addition, from April 17 to 23, the banks provided 49.2 billion drams worth loans in the national currency and $35.6 million worth loans in USD. ($ 1- AMD 484.68 drams). --0----


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