Around $70.9 million bought by Armenian banks last week

30.10.2017 18:24
Around $70.9 million bought by Armenian banks last week

YEREVAN, October 30. /ARKA/. Armenia’s commercial banks bought around $70.9 million from the local foreign currency market on October 23 to 27 at the average weighted exchange rate of 481.51 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.9 million euros and 1.35 billion Russian rubles at the average weighted exchange rates of 565.43 and 8.33 drams per one euro and one ruble respectively.

The banks also sold about $84.56 million, € 16.4 million and 531.39 million rubles at average weighted exchange rates of 482.90, 569.12 and 8.42 drams respectively.

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

In addition, from October 16 to 22, the banks provided 45.4 billion drams worth loans in the national currency and $72.2 million worth loans in USD. ($ 1- AMD 482.24 drams). --0----


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