Saturday, January 28 2017 14:07
Svetlana Hovsepyan

Active transactions registered on NASDAQ OMX Armenia in late January 2017

Active transactions registered on NASDAQ OMX Armenia in late January  2017

ArmInfo. NASDAQ OMX Armenia  was quite active in late January 2017, while the interbank forex  market demonstrated a downward trend. As a result, Armenian dram  retained its positions against US dollar and EUR at 486.5 AMD/$1 and  520 AMD/1EUR, at the same time slightly appreciating against Russian  ruble from 8.2 to 8.1 AMD/1RUR. In early January, AMD sharply  depreciated against EUR rather than against USD and RUR, and this  trend continued in mid-January.

It should be noted for comparison  that at the beginning of 2016 AMD exchange rate was as follows: 482  AMD/$1, 529 AMD/1EUR and 6.9 AMD/1RUR. Since the beginning of 2016  the foreign exchange market showed signs of life rarely, making one  at a time transaction between March and May:  USD100 thousand in  March, USD 2.950 mln in April and USD 800 thousand in May, after  which it was passive. In Jan-Oct 2016, the Central Bank bought USD on  the foreign exchange market in April (USD2.4 mln at 478.5 AMD/$1),  June (USD 50.2 mln at 476.72 AMD/$1), August ($19.8 mln at 474.25  AMD/$1), September (USD28.8mln at 474.11 AMD/$1) and October (USD  50.8 mln at 475.47 AMD/$1), and sold in January and February (USD53.1  mln and USD 41.5mln, respectively at 484.69 AMD/$1 and 492.59  AMD/$1).

The press office of the Central Bank of Armenia has told ArmInfo that  on January 23-27 the amount of transactions on the interbank forex  market totaled $9.8 mln at the average exchange rate of 486.83AMD/$1.  In the meantime, on the intrabank market the banks bought $101.4 mln  at the average exchange rate of 485.74 AMD/$1, 7.8 mln EUR at the  average exchange rate of 518.59 AMD/1EUR and 701.1 mln RUR at the  rate of 8.12 AMD/1RUR, and sold $104.3 mln at the average exchange  rate of 486.80 AMD/$1, 8.8 mln EUR at average rate of 523.2 AMD/1EUR  and 303.1 mln RUR at the average exchange rate of 8.22 AMD/1RUR. 

According to the source, during the previous week (January 16-21),  Armenian banks provided AMD loans worth 39.1 bln AMD and USD loans  worth $22.1 mln (down 3-fold and down 8.7-fold versus a week before). 

To recall, in 2015, on the retail foreign exchange market of Armenia,  AMD depreciated against USD from 477 to 482 AMD/USD1 on average and  appreciated against EUR from 571.5 to 529 AMD/1EUR and against  Russian ruble from 8.2 to 6.9 AMD/1 RUR.  Between December 14 and 28,  the Central Bank made almost daily interventions. AMD depreciated  amid slackening of economic activity growth from 3.9% to 3.1%,  decline of foreign trade turnover (by 20.6%), with import dropping  more significantly (by 26.5%) than export (by 3.9%) as well as amid  decline in money transfer inflow to Armenia by over 30%, and this  happened under conditions of low buying capacity of the population.  In 2016, AMD depreciated on the retail foreign exchange market of  Armenia against USD and RUR to 484AMD/USD1 and 8 AMD/1RUR, and  revaluated against EUR to 505 AMD/1EUR. This happened amid deflation  of consumer prices by 1.1% in 2016, slackening of growth of economic  activity to 0.5%, and decline of the net inflow of transfers (by 24%  in Jan-Nov 2016 versus Jan-Nov 2015). In the meantime, the foreign  trade turnover grew by 7.4% and deflation on the consumer market made  up 1.4%. In early 2017 AMD depreciated against USD from 484 to 485  AMD/$1, against EUR from 505 to 511 AMD/1EUR, and against RUR from 8  to 8.1 AMD/1RUR.

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RUB6.460.00
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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000