Around $80.4 million bought by Armenian banks last week

10.05.2017 15:53
Around $80.4 million bought by Armenian banks last week

YEREVAN, May 10. /ARKA/. Armenia’s commercial banks bought around $80.4 million from the local foreign currency market on May 2 to 6 at the average weighted exchange rate of 484.14 drams per one USD, the Central Bank of Armenia reported on Wednesday.

It said the banks also bought 10.7 million euros and 1 million Russian rubles at the average weighted exchange rates of 527.23 and 8.39 drams per one euro and one ruble respectively.

The banks also sold about $82.9 million, € 13.9 million and 480.1 million rubles at average weighted exchange rates of 485.41, 531.16 and 8.47 drams respectively.

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

In addition, from April 24 to 30, the banks provided 38.4 billion drams worth loans in the national currency and $57.1 million worth loans in USD. ($ 1- AMD 484.68 drams). --0----


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