ArmInfo. The currency interbank of Armenia reduced volumes by 14% from April 23 to 27, after growing by 48% a week earlier. At the same time, players on the intra-bank foreign exchange market increased their activity in dollar transactions, especially in terms of sales, while remaining passive towards euro and ruble deals.
Exchange market since the beginning of the year to this day is empty. As a result, the dram on April 23-27 depreciated against the dollar from 480.5 to 483 dr / $ 1, becoming strengthened to the euro - from 595 to 587 dr / 1evro, keeping the position to the ruble at the level of 7.8 dr / rub. A year earlier, on April 27, 2017, the exchange rate of the dram to the dollar was 484.8 dr / $ 1, to the euro - 528 dr / 1evro, and to the ruble - 8.5 dr / 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. As the press service of the Central Bank of Armenia told ArmInfo, $ 9.750 million was effected at the currency interbank market on April 23-27 inclusive at the weighted average rate of 480.71 dr / $ 1 (against 480.93 dr / $ 1 a week earlier).
Moreover, during the week transactions on the foreign exchange interbank market were made almost daily (April 24 - non-working day), starting from a maximum of $ 3.35-4.9 million on Monday and Wednesday, followed by a decrease in volumes to zero on Friday. In parallel with this, on the intra-bank foreign exchange market, the buying-selling of the dollar changed the trend from a 0.6-17.3% decline to a 2-61.3% growth, buying up the euro from 8.7% growth slipped by 8 The% decline in the deepening of the sales decline from 37.2% to 50%, while the ruble operations kept the downtrend - 26-27.5%. As a result, $ 95.02 million was purchased at the average exchange rate of 480.59 dr / $ 1, 9.2 million euro at the average rate of 585.16 dr / 1EUR, and 731.9 million rubles. at an average rate of 7.70 dr / 1RUR, and sold $ 128.96 million at an average rate of 482.42 dr / $ 1, 21.7 million euro at an average rate of 589.23 dr / 1EUR, and 450.4 million rubles. at an average rate of 7.82 dr / 1RUR. According to the source, from April 16 to 21, Armenian banks issued AMD 60.8 billion in dram loans and $ 47.4 million in dollar loans. In comparison with the previous period (April 9-14), the trend for dollar loans worsened, from 64.7% down 0.4%, while in AMD, on the contrary, it came out of the 5.6% decline by 23.6% growth.
It should be noted that in January-February 2018 the Central Bank of the Republic of Armenia made interventions on the foreign exchange market only for purchase - in total "withdrawing" $ 21 million. In particular, the Central Bank bought $ 14 million in January at a rate of 481.10 dp / $ 1, and in February - $ 7 million at the rate of 480.45 dr / $ 1. On the intra-bank foreign exchange market in January-February 2018, $ 656.89 million and 73.9 million euros was purchased, and $ 658.75 million and 116.4 million euros sold. At the currency interbank market, transactions in the amount of $ 117.05 million were made in January-February 2018, which was accompanied by a dram strengthening from January 482.61 dr / $ 1 to 481.07 dr / $ 1. Exchange market since early 2018 to this day is empty.
Recall that for the year 2017 on the exchange currency area, transactions totaling $ 3.3 million (January- March, May) were carried out. The Central Bank for the whole of 2017 bought a total of $ 122.6 million (June-September, December) and sold $ 22 million (January, November). Prior to this, in 2016, the exchange currency market also showed weak signs of life - one operation in March-May. The Central Bank bought $ 152 million (April, June, August-October) for the foreign exchange market in 2016, and sold $ 122.7 million (January-February, November-December).
