At currency interbank market and intra-bank market, from April 3 to 7, activity slowed down

ArmInfo. The currency interbank  of Armenia reduced volumes by 77.4% from April 3 to 7, after rising  by 89% the previous week. At the same time, players in the intra-bank  foreign exchange market more actively sold euro, while reducing  interest in buying this currency and dollar and ruble transactions,  while a week earlier there was a high activity of buying and selling  dollars, euros and rubles. Exchange market since the beginning of the  year to this day is empty. As a result, AMD against the dollar  changed its mood from strengthening to devaluation - from 480.3 to  481 AMD / $ 1, becoming slowly strengthened to the euro from 592 to  591 AMD / 1evro and to the ruble - from 8.4 to 8.3 AMD / ruble . A  year earlier, on April 7, 2017, the exchange rate of the dram to the  dollar was 485.5 AMD / $ 1, to the euro - 518 AMD / 1evro, and to the  ruble - 8.6 AMD / ruble, which, in comparison with the current rates,  indicates the annual devaluation of the dram to euro, at revaluation  to the dollar and to the ruble.

According to the press service of the Armenian Central Bank, on April  3-7, inclusive, transactions in the volume of $ 4.4 million were made  at the average interbank rate at a weighted average rate of 480.80  AMD / $ 1 (against 480.50 AMD / $ 1 a week earlier). Moreover, during  the week transactions were made on a daily basis in the currency  interbank market (instead of April 2, the working day was postponed  to April 7), but the maximum volume was fixed on Saturday - $ 1.6  million. In parallel, on the intra-bank foreign exchange market,  dollar buying slowed growth from 11.7 % to 2.7%, with a decline in  sales dynamics from 61.1% growth to a 20.6% decline, euro buying  changed the trend from a 25.7% growth to a 11.4% decline in  acceleration sales growth from 18.3% to 22.6%, ruble buying slid from  a 20.3% increase to a 2.6% decline with a slowdown in sales growth  from 25.3% to 6.6%. As a result, $ 92.4 million was purchased at the  average exchange rate of 479.72 AMD / $ 1, 7.8 million euro at the  average rate of 588.20 AMD / 1EUR, and 987.4 million rubles. at the  average rate of 8.29 AMD / 1RUR, and sold $ 92.2 million at an  average rate of 480.96 AMD / $ 1, 20.6 million euro at an average  rate of 591.50 AMD / 1EUR, and 677.3 million rubles at the average  rate of 8.38 AMD / 1RUR.

According to the source, from March 26 to 31, Armenian banks issued  AMD 60.4 billion in AMD loans and $ 87.1 million in dollar loans. In  comparison with the previous period (March 19-24), AMD banks changed  the trend from a 26.9% decline to 11.4% growth, and dollar, slowed  growth from 47.8% to 27%.