Monday, August 20 2012 14:40

In July 2012 financial market of Armenia retained comparatively stable rate level


ArmInfo. In July 2012 the financial market of Armenia retained a comparatively stable rate level. The press service of the Central Bank of Armenia told ArmInfo that in the initial market the average yield of the government bonds with up to 1 year of maturity was 9.1%, and in the interbank market the average monthly repo rate was 10.4%.

The source says that in July 2012 in the currency market of Armenia the AMD revaluation against USD was 0.5% and the exchange rate was fixed at 412.6 AMD/$1, and the AMD revaluation against EUR was 2.6%, with the exchange rate being 506.7 AMD/1EUR. The AMD devaluation against RUR was 0.8%, with the exchange rate being 12.7 AMD/1RUR.

To recall, on 7 August 2012 the CBA Board retained the refinancing rate at 8%, and the CBA's decision to leave the key rate at the previous level was conditioned by weakening of the monetary and credit conditions amid the continued AMD devaluation. The lombard repo rates and the rates of the attracted deposits were 10.5% and 5.5% respectively.
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30.10.2025
RUB4.75-0.04
USD382.720.10
EUR444.15-1.53
GBP504.23-1.52
CAD274.21-0.33
JPY24.86-0.27
CNY53.81-0.08
CHF478.40-2.22


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