ArmInfo. The currency interbank of Armenia reduced the volume two-fold from September 19 to September 23, after growing by 12.7% a week earlier. In parallel, the in-bank foreign exchange market was marked by the passiveness of dollar transactions, accompanied by a decline in sales of the euro and the ruble, with the continuing activity of buying up these currencies. The exchange currency market continues to be empty.
As a result, the dram against the dollar was replaced by the mood from devaluation to strengthening - from 478.3 to 477.5 dr / $ 1, while weakening to the euro - from 570 to 571 dr / 1evro and delayed to the ruble at 8.3 dr / 1 rub. A year earlier, on September 23, 2016, the exchange rate of the dram to the dollar was 473.5 dr / $ 1, to the euro - 530 dr / 1evro, and to the ruble - 7.4 dr / ruble, which, in comparison with the current rates, indicates the annual devaluation of the dram to these currencies.
As the press service of the Central Bank of Armenia has informed ArmInfo, the NASDAQ OMX Armenia currency market is empty for the fourth month. At the same time, transactions in the amount of $ 7.9 million were made at the interbank interbank market at the weighted average rate of 478.12 dr / $ 1 (against the previous 478.48). At the same time, the trend of buying / selling the dollar in the intra-bank foreign exchange market changed the trend from 25.7-31.5% growth to 15.8 - 21.1%, the euro buying up the growth from 0.3% to 9.8% with sharply slacked sales from 55.1% growth to a 30.6% decline, ruble buying slowed growth from 19.8% to 5.6% with the acceleration of a decline in sales from 4.4% to 12 , 6%. As a result, $ 73.3 million was purchased at the average exchange rate of 477.40 dr / $ 1, 10.1 million euro at the average rate of 570.18 dr / 1EUR, and 1.5 billion rubles. at an average rate of 8.21 dr / 1RUR, and sold $ 80.4 million at an average rate of 478.90 dr / $ 1, 12.7 million euro at an average rate of 574.78 dr / 1EUR, and 423.4 million rubles. at the average rate of 8.31 dr / 1RUR.
According to the source, over the previous week (from 11 to 16 September), Armenian banks issued AMD 45.2 billion drams and dollar loans for $ 56.9 million. In comparison with the previous period (from September 4 to 9), the dynamics of loans issued is as follows: AMD accelerated growth from 4.1% to 10%, and the volume of dollar sharply increased by 2.5 times against 71.9% decline a week earlier. It should be noted that in January-July 2017, a total of $ 3.3 million was effected on the exchange currency market, in particular, $ 600,000 was "lit" in January and February at the rate of 486.79 dr / $ 1 and 487.08 dr / $ 1, $ 1.5 million in March at the rate of 485.55 dr / $ 1, and $ 600 thousand - in May at the rate of 482.80 dr / $ 1. During this period, there were no transactions at the exchange currency market in April and June. In January-July, the central bank made transactions in the currency market only in January, June and July, in particular, in January it was fixed sale of $ 15 million at the rate of 485.84 dr / $ 1, and in June and July - purchase of $ 11.5 million and $ 51.5 million at the rate of respectively 480.73 and 479.04 dr / $ 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).