ArmInfo. The currency interbank of Armenia sharply increased its volume by 74.6% from August 27 to 31, after a 30.6% decline in the previous week. Simultaneously, the sale of the dollar intensified on the intra-bank foreign exchange market, passive attitude of players towards the euro transactions continued, and for ruble operations the upward trend was replaced by a downward trend. Exchange market since the beginning of the year to this day is empty. As a result, the dram against the dollar from August 27 to August 31 stayed at 483 dr / $ 1, continuing to weaken to the euro - from 558 to 565 dr / 1 euro, frozen to the ruble at the bar 7.1 dr / rub. A year earlier, on August 31, 2017, the exchange rate of the dram to the dollar was 478.5 dr / $ 1, to the euro - 568 dr / 1evro, and to the ruble - 8.2 dr / ruble, which, in comparison with the current rates, indicates the annual devaluation of the dram to dollar, at revaluation to the euro and the ruble.
As the press service of the Central Bank of Armenia told ArmInfo, transactions in the amount of $ 10.250 million at the weighted average rate of 483.09 dr / $ 1 were made in the currency interbank market from August 27 to 31, inclusive, versus 483.24 dr / $ 1 a week earlier. Currency interbank, having worked during the reporting week, showed the maximum volume on Friday - $ 4 million. In parallel with this, on the intra- bank foreign exchange market, the buying of the dollar fell 2.4%, and the sale changed the trend from a 6.7% decline to 12, 5% growth, buying-selling of the euro slowed the decline from 26.4-16.1% to 5.7- 10.7%, and for ruble operations, buying-selling launched a vector with a 20-6.6% growth by 9-3.8% decline. As a result, $ 80.2 million was purchased at the average exchange rate of 482.06 dr / $ 1, 9.9 million euro at the average rate of 560.11 dr / 1EUR, and 1.6 billion rubles. at an average rate of 7.07 dr / 1RUB, and $ 94.5 million was sold at an average rate of 483.34 dr / $ 1, 15.03 million euro at an average rate of 564.46 dr / 1EUR, and 699.6 million rubles. at the average rate of 7.18 dr / 1RUB.
According to the source, from August 20 to August, Armenian banks issued AMD 62.1 billion in dram loans and $ 28 million in dollar loans. In comparison with the previous period (from August 13 to August 18), AMD and dollar loans changed the trend from 22.4-12, 8% growth for the 22-28% decline. It should be noted that in the first half of the year in 2018 the Central Bank of the Republic of Armenia in the currency market made purchase interventions in January-March, totaling $ 47 million, and in May, $ 10 million. In particular, the Central Bank bought $ 14 million in January 481.10 dollars / $ 1, in February - $ 7 million at the rate of 480.45 dr / $ 1, in March - $ 26 million at the rate of 480.45 dr / $ 1, and in May sold $ 10 million at the rate of 486.73 dr / $ 1. In the intra-bank foreign exchange market for the first half of 2018, $ 2.156 billion and 237.9 million euros were bought, and $ 2.183 billion and 413.8 million euros were sold. At the currency interbank market, transactions in the first half of 2018 totaled $ 335.6 million, which was accompanied by a drama strengthening from January 482.61 dr / $ 1 to 480.49 dr / $ 1 in March, after which a devaluation was observed in April-May to 484.29 dr / $ 1, which was replaced in June for revaluation to 482.84 dr / $ 1. Exchange market since early 2018 to this day is empty.