ArmInfo. On June 24-28, 2019, the volume of transactions jumped 2 times at the currency interbank market of Armenia, after a decline of 21.5% a week earlier. In parallel with this, the buying up of dollars on the intrabank foreign exchange market turned into a recession, while maintaining the upward dynamics of the sale of the dollar and euro and ruble operations. Exchange currency market is empty.
As a result of this, the dram against the dollar from June 24 to 28 inclusive, compared to the previous week, tuned in to devaluation - from 477 to 477.3 others / $ 1, turning against the euro towards revaluation - from 542 to 541 dr / 1evro, <frozen> in relation to the ruble at the level of 7.6 dr / 1 ruble. A year earlier, on June 28, 2018, the dram rate to the dollar was 482.3 AMD / $ 1, to the euro - 558 AMD / 1Euro, and to the ruble - 7.6 AMD / 1 ruble, which in comparison with the current rates indicates an annual revaluation of the dram to dollar and the euro, and in relation to the ruble fixes immutability.
As the Central Bank's press service told ArmInfo, from June 24-28 inclusive, transactions in the amount of $ 15 million were carried out at the currency interbank market at a weighted average rate of 478.63 dr / $ 1 (against 478.35 dr / $ 1 a week earlier). The currency interbank, having worked daily during the reporting week, showed maximum volumes on Monday and Thursday - $ 6 million and $ 5.5 million, respectively. At the same time, on the intrabank foreign exchange market compared to the previous week, the dollar buying up changed the trend from a 19.4% growth to a 4% decline, while the meager slowdown in sales growth from 15.6% to 15.5%, the euro buying slowed down growth from 54.2% to 7.5% with accelerated growth in sales from 9.9% to 74%, and for ruble operations, buying slowed growth from 16.7% to 13% with a slight acceleration in sales growth from 5% to 8, eight%. As a result, $ 112.2 million were bought at an average rate of 476.45 dr / $ 1, 21.5 million euros at an average rate of 540.83 dr / 1EUR, and 2.4 billion rubles. at an average rate of 7.54 dr / 1RUB, and sold $ 118.9 million at an average rate of 477.88 dr / $ 1, 26.9 million euros at an average rate of 543.42 dr / 1EUR, and 707.3 million rubles. at an average rate of 7.63 dr / 1RUB.
According to the source, from June 17 to 22, Armenian banks issued AMD loans for 64.4 billion drams and dollar loans for $ 89.7 million. In comparison with the previous period (from 10 to 15 June), AMD loans changed the trend from 14.3% growth to A 12.5% decline, while dollar loans, on the contrary, turned the trend vector from a 60% decline to an increase of more than 3 times.
It should be noted that in January-April 2019, the Central Bank of the Republic of Armenia intervened in the foreign exchange market only in March ($ 5 million) and April ($ 56.650 million), in particular by buying up - a total of $ 61.650 million at 485.93 dr / $ 1 in March and 482.85 dr / $ 1 in April. In January- April 2019, $ 1.467 billion was bought on the intrabank foreign exchange market and 277.1 million euros, and sold $ 1.6 billion and 372.04 million euros. In January-April 2019, transactions in the amount of $ 214.2 million were made on the currency interbank market, which was accompanied by a revaluation of the dram from 486.24 AMD / $ 1 in January to 483.51 AMD / $ 1. Exchange currency area in January-April of this year. continued to be empty.