Tuesday, October 27 2020 18:53
Alina Hovhannisyan

Central Bank`s assessment: The ongoing currency fluctuations are  natural and do not require intervention

Central Bank`s assessment: The ongoing currency fluctuations are  natural and do not require intervention

ArmInfo.The Central Bank of Armenia did not make interventions (since May 2020 - ed. note). Chairman of the Central Bank of Armenia Martin Galstyan stated this  at a press conference on October 27.

"The main functions of the Central Bank are to ensure financial  stability and price stability in the market, and we are interested in  the currency only from the point of view of how much it is associated  with these two phenomena," he stressed.

At the same time, M. Galstyan noted that at the moment the Central  Bank does not find it expedient to intervene in the situation on the  foreign exchange market. "Since the ongoing currency fluctuations,  according to our estimates, are natural and do not require  intervention," he explained.

To note, according to the Central Bank of Armenia, in January-August  2020, the 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 during this period drams to 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 operations 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-August,  the Central Bank did not perform operations in the foreign exchange  market.


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27.11.2020
RUB6.70-0.02
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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