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No Armenian banks bids for purchase of hard currency

19.12.2014 19:49

No Armenian banks bids for purchase of hard currency

YEREVAN, December 19. / ARKA /. None of 21 Armenian banks has submitted a bid today for purchase of hard currency auctioned by the Central Bank. The banks did not submit bids on December 18 either.

The last time the regulator sold $4 million to local banks was on December 17 when the buying price was set at 570.58 drams per one US Dollar.

The Armenian dram has strengthened against the U.S. dollar by 32.43 points on Friday from the previous day after weeks of depreciation to 464.57 drams per one US dollar. The dram has also strengthened against the euro by almost 42 points to 570.17 drams.

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