YEREVAN. – The commercial banks in Armenia have purchased $79.5 million and sold $85.3 million, from Monday to Friday, in the country’s intra-bank foreign currency market, the Central Bank informs.  

The trading volume of the US dollar reduced virtually twofold in Armenia as compared to previous weeks. But such seasonal fluctuation is normal for the country’s financial market.    

Also, the loans which Armenia’s banks provided in Armenian drams (AMD) made up AMD 22 billion (approx. $54 million), from January 7 to 13, whereas the loans that were given in US dollars constituted $31.6 million. To note, such volume of loans for the month of January is quite high for Armenia.