Saturday, July 29 2017 09:30

AMD keeps positions to dollar, but continues to weaken towards euro

AMD keeps positions to dollar, but continues to weaken towards euro

ArmInfo. The currency interbank of Armenia sharply increased its volume 3.7-fold from July 24 to 28, after a decline of 28.7% a week ago. At the same time, the interest in the dollar and the ruble was falling on the intra-bank foreign exchange market against the backdrop of an active buying up of the euro. Exchange market is empty for now.

As a result, in the reporting week, the dram remained at $ 479 AMD / $ 1 against the dollar, continuing to weaken against the euro from 556 to 560 AMD / 1 euro, and also adjusted to the ruble - from 8 to 8.1 AMD / rub. A year earlier, on July 28, 2016, the exchange rate of the dram to the dollar was 477.3 AMD / $ 1, to the euro - 529.5 AMD / 1evro, and to the ruble - 7.3 AMD / ruble, which in comparison with the current rates indicates an annual devaluation of AMD to these currencies.

According to Armenian Central Bank press service, currency exchange of NASDAQ OMX Armenia is already empty for the second month. At the same time, on July 24-28, operations in the currency interbank market totaled $ 26.8 million at the weighted average rate of 478.93 AMD / $ 1 (against the previous 478.72). At the same time, in the domestic forex market, the buying of the dollar accelerated the decline from 3% to 17.1% with a change in the sales trend from 21% growth to a 5.7% decline, buying up the euro accelerated growth from 3.4% to 21, 7% when the dynamics of sales changed from a 12% growth to a 2.9% decline, ruble buying changed the trend from a 22% growth to a 28.3% decline, and sales dynamics from a 28% decline came By 25.6% growth. As a result, $ 76.4 million was purchased at the average exchange rate of 477.97 AMD / $ 1, 11.2 million euro at the average rate of 554.91 AMD / 1EUR, and 1.2 billion rubles. At an average rate of 7.99 AMD / 1RUR, and sold $ 93.4 million at an average rate of 479.34 AMD / $ 1, 16.9 million euro at an average rate of 559.97 AMD / 1EUR, and 599.3 million rubles. At the average rate of 8,07 AMD / 1RUR.

According to the source, over the previous week (from July 17 to July 22), Armenian banks issued AMD 64.2 billion drams and dollar loans for $ 34 million. In comparison with the previous period (from July 10 to July 15), the dynamics of loans issued is as follows: AMD accelerated growth from 18.6% to 20%, and the dollar's trend from 70% growth to a drop to 55.8%.

TO note, in Jan-May 2017 on the exchange currency platform, a total of $ 3.3 million was effected, in particular, $ 600 thousand were "lit" in January and February at the rate of 486.79 AMD / $ 1 and 487.08AMD / $ 1, $ 1.5 Million in March at the rate of 485.55 AMD / $ 1, and $ 600 thousand - in May at the rate of 482.80 AMD / $ 1. The central bank made transactions in the currency market in January-May 2017 only in January, selling $ 15 million at the rate of 485.84 AMD / $ 1. For the full year of 2016, the exchange currency market gave signs of life occasionally-for one operation in March-May, and the Central Bank bought dollars in April ($ 2.4 million), June ($ 50.2 million), August ($ 19.8 million), September ($ 28.8) And in October ($ 50.8 million), and sold in January ($ 53.1 million), February ($ 41.5 million), November ($ 13.1 million) and December ($ 15 million).

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Exchange rates
24.09.2020
RUB6.28-0.08
USD485.32-0.10
EUR565.06-3.56
GBP618.490.36
CAD362.13-2.35
JPY46.06-0.18
CNY71.34-0.06
CHF524.33-3.70



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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