ArmInfo. The currency interbank of Armenia reduced the volume 1.6 times from August 14 to August 17, after growing almost 2 times a week ago. At the same time, dollar and euro purchases intensified on the intra-bank foreign exchange market with the decline in interest in selling these currencies, while ruble sales continued to fall in terms of sales, but at a relatively slow pace with a change in buying dynamics from a recession to growth. Exchange currency market continues to be empty.
As a result, the dram against the dollar began to weaken slowly - from 478 to 478.5 AMD / $ 1, having rebuilt to euro for strengthening - from 563 to 562 AMD / 1evro, while slightly shifting to the ruble in the direction of devaluation - from 8 to 8.1 Dr / rub. A year earlier, on August 17, 2016, the exchange rate of the dram to the dollar was 475.5 AMD / $ 1, to the euro - 534 AMD / 1 euro, and to the ruble - 7.4 AMD / ruble, which, in comparison with the current rates, indicates the annual devaluation of the dram to these currencies.
According to Armenian Central Bank press service, NASDAQ OMX Armenia exchange currency market has been vacant for the third month. At the same time, transactions in the volume of $ 7.7 million were made at the interbank currency exchange between August 14 and August 17 at the weighted average rate of 478.71 AMD / $ 1 (against the previous 478.90). At the same time, in the domestic forex market, dollar buying out of a 16% decline in the 3.8% growth with a change in the sales trend from a 1% growth to a 17% decline, euro buying also came out of the 15% Decline in the 11.7% growth with a decelerated sales dynamics from 21.4% growth to 13.1% decline, buying up the ruble from a 6.5% decline came in 8.4% Slowdown in the rate of decline in sales from 9.8% to 3.9%. As a result, $ 82.02 million was purchased at the average exchange rate of 477.69 AMD / $ 1, 11.5 million euro at the average rate of 560 AMD / 1EUR, and 1.3 billion rubles. At an average rate of 7.96 AMD / 1RUR, and sold $ 71.9 million at an average rate of 479.05 AMD / $ 1, 15.3 million euro at an average rate of 564.19 AMD / 1EUR, and 441.99 million rubles at the average rate of 8.06 AMD / 1RUR.
According to the source, over the previous week (from August 7 to 12), Armenian banks issued AMD 42.8 billion in dram loans and $ 30.2 million in dollar loans. In comparison with the previous period (from July 31 to August 5), the dynamics of loans issued is as follows: AMD Of the 3.9% decline in the 15.1% growth, while the dollar decreased by 46.1%.
To note, in Q1 2017, total of $ 3.3 million was effected on the exchange currency platform, in particular, $ 600,000 was "lit" in January and February at the rate of 486.79 AMD / $ 1 and 487.08 AMD / $ 1, respectively , $ 1.5 million in March at the rate of 485.55 dr / $ 1, and $ 600 thousand - in May at the rate of 482.80 AMD / $ 1. During this period, there were no transactions at the exchange currency market in April and June. The central bank made transactions in the currency market only in January and June during the first half of 2017, in particular, in January it was fixed the sale of $ 15 million at the rate of 485.84 AMD / $ 1, and in June - purchase of $ 11.5 million at the rate of 480.73 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).