AMD changed position  from strengthening to devaluation

ArmInfo. Currency interbank of Armenia sharply increased its volume  for 2.6 times from June 26 to June 30, after a decline of 1.5% a week ago. In parallel with this, the sale of dollar intensified on intra-bank foreign exchange market, versus  which there was an active buying up of the euro and rubles. At the same time, exchange currency market has been empty for more than a month.

As a result, in the reporting week,  AMD against the dollar was replaced by the mood from strengthening to devaluation - from 480.5 to 481 AMD / $ 1, also having been restructured to the ruble - from 8 to 8.1 AMD / 1 ruble to the euro, and to the euro from the previously saved Position in 537 sharply weakened to 550 AMD / 1evro. A year earlier, on June 30, 2016, the exchange rate of the dram to the dollar was 476.5 AMD / $ 1, to the euro -529 AMD / 1evro, and to the ruble - 7,5 AMD / ruble, which, in comparison with the current rates, indicates the annual devaluation of the drama as To the dollar and euro, and to the ruble.

According to Armenian Central Bank press service, from 26 to 30 June transactions on NASDAQ OMX Armenia currency exchange were not done and this silence lasts more than a month. At the same time, at currency Interbank for the reporting week carried out transactions in the amount of $ 16.950 million at the weighted average rate of 480.98 dr / $ 1 (versus the previous 480.68). In particular, the currency interbank opened a week from $ 2.7 million, sharply gaining momentum on Tuesday to a maximum of $ 7.2 million, after which a minimum of $ 800,000 was recorded on Wednesday, followed by a gain of $ 2.750 million on Thursday and a culmination of $ 3.5 million on Friday. At the same time, in the domestic forex market, buying of the dollar slowed the growth from 20% to 4.2% with a change in the dynamics of sales from a 0.3% decline to a 19.7% increase, while in euros, the sales trend remained flat at 0, 1% with a sharp change in the purchase vector from a 39.1% decline in growth by 2.4 times, while the multidirectional dynamics of ruble transactions persisted, but this time the decline was recorded for the sale - 13.6% against 20.1% growth a week earlier, while buying the other way around from 5.9% decline was replaced by 16.6% growth. As a result, $ 98.9 million was purchased at the average exchange rate of 479.80 AMD / $ 1, 19.7 million euro at the average rate of 541.76 AMD / 1EUR, and 1.3 billion rubles. At the average rate of 8.07 AMD / 1RUR, and sold $ 111.3 million at an average rate of 480.98 AMD / $ 1, 13.5 million euro at the average rate of 543.7 AMD / 1EUR, and 436.8 million rubles. At the average rate of 8,16 AMD / 1RUR.  According to the source, over the previous week (from June 19 to June 24), Armenian banks issued AMD 46.7 billion AMD and dollar loans for $ 73.9 million. Compared to the previous period (June 12 to June 17), the dynamics of issued loans is as follows: AMD The slowdown slowed from 36% to 13.2%, while dollar growth accelerated from 37.5% to 95.5%.