Banks bought $101.4 million from local forex market last week

09.10.2017 17:27
Banks bought $101.4 million from local forex market last week

YEREVAN, October 9. /ARKA/. Armenian commercial banks purchased about $101.4 million from the local inter-bank forex market at the weighted average exchange rate of 477.63 drams for $ 1, the press service of the Central Bank said.

It said they also bought 11.38 million euros and about 1.35 billion Russian rubles at the weighted average exchange rates of 560.24 drams for €1 and 8.23 ​​drams for 1 ruble, respectively. At the same time, they sold, about $107.1 million, €21 million and 598.8 million rubles at the weighted average exchange rates of 478.81 drams, 564.35 drams and 8.32 drams, respectively.

No transactions with USD were reported by NASDAQ OMX Armenia stock exchange during the reporting period.

Besides, from September 25 to October 1, the banks provided about 49.7 billion drams in loans in the national currency and $70.8 million in USD. ($ 1- 477.75 drams). -0-


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