Around $80 million bought by Armenian banks last week

11.06.2018 14:01
Around $80 million bought by Armenian banks last week

YEREVAN, June 11. /ARKA/. Armenia’s commercial banks bought around $80 million from the local foreign currency market on June 4 to 8 at the average weighted exchange rate of 482.49 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 10 million euros and 1 133.1 million Russian rubles at the average weighted exchange rates of 564.57 and 7.75 drams per one euro and one ruble respectively.

The banks also sold about $72.1 million, € 27.7 million and 572.8 million rubles at average weighted exchange rates of 483.73, 568.04 and 7.84 drams respectively.

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

In addition, from May 28 to June 3, the banks have provided 43.6 billion drams worth loans in the national currency and $71.4 million worth loans in USD. ($ 1- AMD 483.22 drams). -0----


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