Friday, March 20 2020 16:01
Alina Hovhannisyan

Arthur Stepanyan: The regulator has a wide enough toolset to protect  the foreign exchange market from shocks

Arthur Stepanyan: The regulator has a wide enough toolset to protect  the foreign exchange market from shocks

ArmInfo.The Central Bank of Armenia, while remaining committed to a floating exchange rate policy, today has sufficiently high reserves and multilayer tools to  protect the foreign exchange market from any shocks. CBA Board member  Artur Stepanyan stated on March 20 during Armenian Unified  InfoCenter's  press conference , assuming that no shocks are expected  in the near future.

In the event of an undesirable development of the situation or strong  volatility, according to Stepanyan, Central Bank will resort to  adequate actions in the market. In this context, he emphasized: "If  in December 2014, when the situation was much worse, the Central Bank  managed to get out of the situation, then today we manage to keep the  market in a calm state".

At the same time, Stepanyan found it difficult to give an assessment  related to the further behavior of the Russian ruble, due to lower  oil prices and the spread of coronavirus infection, emphasizing that  the Russian currency is one of the most volatile in the world after  the Mexican peso. "Naturally, we are constantly monitoring the  situation in the Russian Federation, and I believe that our policy  will be balanced and ensuring economic activity," he emphasized.

POST A COMMENT
Input digits     


News


Exchange rates
27.05.2020
RUB6.830.02
USD483.910.09
EUR533.663.25
GBP597.531.90
CAD352.474.05
JPY44.950.01
CNY68.070.21
CHF499.34-0.37



Search by date

Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000