Armenian banks bought about $54 million from local forex market on May 10-12, central bank says

15.05.2017 17:27
Armenian banks bought about $54 million from local forex market on May 10-12, central bank says

YEREVAN, May 15. /ARKA/. Armenia’s commercial banks bought around $54 million from the local foreign currency market on May 10-12 at the average weighted exchange rate of 483.6 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 4.8 million euros and 551.3 million Russian rubles at the average weighted exchange rates of 524.76 and 8.35 drams per one euro and one ruble respectively.

The banks also sold about $56.4 million, €11.2 million and 294.2 million rubles at average weighted exchange rates of 485.12, 528.33 and 8.44 drams respectively.

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

Also, May 1 to May 7, the banks provided 67.7 billion drams worth loans in the national currency and $41.7 million worth loans in USD. ($ 1- AMD 484.17 drams). --0----


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