Monday, December 23 2019 14:59
Svetlana Hovsepyan

Volume of transactions decreased by 45.3% at the currency interbank  bank of Armenia during Dec16-20 

Volume of transactions decreased by 45.3% at the currency interbank  bank of Armenia during Dec16-20 

ArmInfo.From December 16 to 20, 2019, the volume of transactions at the currency interbank market of Armenia decreased by 45.3%, after a decline of 42.4% a week  earlier. At the same time, dollar and euro transactions grew in the  intra-bank foreign exchange market, and purchase of ruble turned  upward as the sales decline deepened. Stock exchange platform is  empty.

As a result, the AMD to the dollar from December 16 to 20 compared to  the previous week began to weaken - from 477.3 to 478.8 AMD/ $ 1,  tuning in to revaluation against the euro - from 533 to 532 AMD / 1  euro, remaining at the same level against ruble  7.6 AMD / 1 RUB. A  year earlier, on December 20, 2018, the dram / dollar exchange rate  was 484.5 AMD / $ 1, the euro was 550 AMD / 1 EUR, and the ruble was  7.2 AMD / 1 RUB, which in comparison with current rates indicates the  annual revaluation of dram to dollar and euro, with devaluation  against the ruble.

As the Central Bank of Armenia press service told ArmInfo, from  December 16 to 20, dollar transactions in the amount of $ 7.5 million  were carried out at the foreign exchange interbank market at an  average rate of 478.33 AMD / $ 1 (against 478.14 AMD / $ 1 a week  earlier). Having worked on a daily basis during the reporting week,  the foreign exchange interbank showed maximum volumes of dollar  transactions on Wednesday and Friday - $ 2.7 million and $ 2.2  million, respectively. In parallel with this, in the domestic banking  market compared to the previous week, buying up the dollar  accelerated growth from 8.8% to 24.3% when the sales trend changed  from 4.7% decline to 2.8% growth, buying-selling the euro turned the  vector from a 12.4-7.9% decline to a 6.2-33.3% increase, and on ruble  transactions, buying changed its dynamics from a 8.3% decline to a  4.5% growth while accelerating the decline in sales from 0.7% to 22%.   As a result, $ 142.7 million was bought at an average rate of 476.94  AMD / $ 1, 17.2 million euros at an average rate of 529.87 AMD /  1EUR, and 2.3 billion rubles  at an average rate of 7.60 AMD / 1RUB,  and sold $ 113.5 million at an average rate of 478.38 AMD / $ 1, 37.2  million euros at an average rate of 533.86 AMD / 1EUR, and 937.1  million rubles at an average rate of 7.68 AMD / 1RUB.

According to the source, from December 9 to 14, Armenian banks issued  dram loans for 70 billion drams and dollar loans for $ 40 million.  Compared to the previous period (December 2 to 7), the trend lingered  in decline, accelerating for dram loans from 1.5 up to 4.8%, and in  dollar terms, on the contrary, sharply slowed down from 34% to 6.8%.

It should be noted that over the 9 months of 2019, the Central Bank  of the Republic of Armenia made a total of $ 433 mln of buying  interventions in the foreign exchange market, which lowered the dram  against the dollar from March 485.93 AMD/ $ 1 to September 476.37  AMD/ $ 1. Moreover, the maximum amount of Central Bank interventions  for the purchase of the dollar were in September - $ 123.250 million.  In the interbank foreign exchange market for 9 months of 2019, $  3.524 billion and 705.11 million euros were bought, and $ 3.768  billion and 809.8 million euros were sold. For the 9 months of 2019,  transactions with the foreign exchange interbank in the amount of $  804.36 million were made, which was accompanied by a revaluation of  the dram from January 486.24 AMD / $ 1 to September 479.63 AMD / $ 1.  The exchange currency platform continues to be empty.

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Exchange rates
21.02.2020
RUB7.43-0.07
USD478.35-0.02
EUR517.050.36
GBP617.790.45
CAD360.80-0.23
JPY42.82-0.14
CNY68.13-0.18
CHF487.270.48



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10 billion

Volume of T-bills for placement

200 million

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200 million

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200 million

Yield at cut-off price

 5.8314%

Maximum yield

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Мinimum yield

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Средневзв. Цена

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  USD

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482,00

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