Saturday, September 26 2020 12:23
Karine Melikyan

On September 22-25, 2020, the volume of transactions in the Armenia`s  foreign exchange interbank decreased by 34.8%

On September 22-25, 2020, the volume of transactions in the Armenia`s  foreign exchange interbank decreased by 34.8%

ArmInfo.The volume of  dollar transactions in the foreign exchange interbank of Armenia from  September 22 to September 25, 2020, decreased by 34.8%, after growing  by 55.6% in the previous week (September 14-18). At the same time, in  the intrabank foreign exchange market during the reporting week,  dollar-denominated transactions went into decline, in euro  transactions, purchases fell into recession amid a slowdown in sales  growth, and in ruble transactions, the growth in purchases slowed  down while sales entered growth. The exchange currency platform  continues to be idle. As a result, from September 22 to 25, the dram  continued to revaluate against the dollar - from 485.5 to 485 AMD / $  1, maintaining the same trend towards the euro - from 575.5 to 565.5  AMD / 1 EUR, while intending to revalue against the ruble - from 6.5  to 6.3 AMD/ 1 RUB. A year earlier, as of September 25, 2019, the AMD  exchange rate against the dollar was 476 AMD / $ 1, against the euro  - 523 AMD / 1 EUR, and against the ruble - 7.5 AMD / 1 RUB, which, in  comparison with the current exchange rates, indicates the y-o-y  devaluation of the AMD against the dollar and euro, in case of  revaluation against the ruble.

As ArmInfo was told in the press service of the RA Central Bank,  during the reporting period (September 22-25), dollar transactions  were carried out in the amount of $ 10.850 million at the weighted  average rate of 485.64 AMD / $ 1 (versus 485.18 AMD / $ 1 in the  previous period). The foreign exchange interbank, having worked daily  during the reporting week (except for holiday Monday), distinguished  itself by a significant volume of transactions on Thursday - $ 4.8  million. The sale of the dollar changed the trend from 15.8-3.5%  growth to 5.6-1% decline, the purchase of the euro reversed from  53.5% growth to 20.3% decline with a slowdown in sales growth from  11% to 8.2%, and in ruble transactions, the purchase slowed down  growth from 16.7% to 2.7%, while the sales vector reversed from 2.1%  decline to 72.7% growth. As a result, $ 91.4 million was purchased  during the reporting week at an average rate of 484.26 AMD / $ 1,  19.2 million euros at an average rate of 566.35 AMD / 1EUR, and 1.4  billion rubles at an average rate of 6.33 AMD / 1RUB, and sold $ 86.7  million at an average rate of 486.38 AMD / $ 1, 18.5 million euros at  an average rate of 571.26 AMD / 1EUR, and 1.9 billion rubles at an  average rate of 6.38 AMD / 1RUB.

According to the source, from 14 to 20 September this year Armenian  banks issued AMD 99.4 billion in AMD loans and USD 39.6 million in  loans. Compared to the previous period (September 7-13), the trend  for AMD loans reversed from 6.6% decline to 2.1-fold growth, and on  dollar loans, on the contrary, the 2.2- fold growth was replaced by a  48.4% decline.

To note, in the first half of 2020, the RA Central Bank made  interventions in the foreign exchange market for a total of $ 217.9  million, of which $ 90.9 million was bought (January-February and  April) and $ 127 million sold (March-April), and this period AMD  against the dollar from January 479.09 AMD / $ 1 reached April 493.1  AMD / $ 1 (purchase / sale). And if in January-February interventions  in the foreign exchange market were exclusively for buying, and in  March - only for selling, then in April the Central Bank made  transactions both for buying and selling, and the volume of sales was  almost 2-fold higher than the volume of purchases, which formed the  course purchases at the level of 481.66 AMD / $ 1 and sales at the  level of 504.45 AMD / $ 1. In May and June, the Central Bank did not  perform operations on the foreign exchange market. In the first half  of 2020, $ 2.168 billion and 334 million euros were purchased on the  intrabank foreign exchange market, and $ 2.205 billion and 490.3  million euros were sold. In the first half of 2020, USD transactions  in the amount of $ 544.7 million and EUR 1.4 million (March-April)  were carried out on the interbank currency market, which was  accompanied by the devaluation of the AMD against the dollar from  479.36 AMD / $ 1 in January to 481.65 AMD / $ 1 in June at the  exchange rate of AMD to EUR at 550.71 AMD / 1 EUR. The exchange  currency platform is still idle.


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Exchange rates
23.10.2020
RUB6.470.05
USD494.010.30
EUR585.250.48
GBP646.41-0.59
CAD376.760.89
JPY47.210.02
CNY74.06-0.21
CHF546.291.36



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