ArmInfo. January 13 to 17, 2025, in Armenia's interbank foreign exchange market, only one USD and two RUB transactions were effected, with no EUR transactions effected. USD transactions showed a 4.6-fold growth against a 64% decline the previous week. The total amount of USD transactions exceeded that of RUB almost 2-fold.
During the period under review against the previous week (Jan. 7-10, 2025), USD, EUR and RUB purchases and sales showed a rowth, with RUB transactions showing manyfold growth.
January 13-17, 2025, saw further AMD depreciation against the USD - AMD 398/$1 to AMD 399/$1, with an AMD depreciation trend toward the EUR against - AMD 412.8/EUR 1 to AMD 414/RUB 1, and AMD appreciation against the RUB - AMD 3.89/RUB 1 to AMD 3.86/RUB 1.
On January 17, 2024, the AMD/USD exchange rate was AMD 406.3/$1, AMD/EUR exchange rate, AMD 443/EUR 1 and AMD/RUB exchange rate, AMD 4.58/RUB 1, which is evidence of y/y AMD appreciation against the USD, EUR and RUB.
For the period under review, the CBA reports one USD transaction, $9.5mln, was effected at an average exchange rate of AMD 400.22/$1 (as against AMD 398.5/$1 during the last week of Dec. 2024). RUB 550mln transactions, at an average exchange rate of AMD 3.9/RUB 1. No transactions were effected on the interbank foreign foreign exchange market on January 13-15. RUB transactions started on January 16, with the only USD transaction effected on January 17. The period under review saw the largest volume of RUB transactions on January 16(RUB 400mln).
January 13 to 17, 2025, against the previous period (Jan. 7-10, 2025), in Armenia's intrabank foreign exchange market, USD purchases showed a 29.7% growth against a 51.3% decline, with USD sales showing a 50.1% growth against a 46.8% decline. EUR purchases showed a 50% growth against a 46.8% decline, with EUR sales showing a 78% growth against a 46.6% decline. RUB purchases showed a 3-fold growth against a 72.8% growth, and RUB sales showed a 2-fold growth against a 76.2% growth.
During the period under review, USD purchases totaled $116.6mln at an average exchange rate of AMD 396.08/$1, over EUR 33.1mln at an average exchange rate of AMD 404.7/EUR 1, and RUB 13.8bln at an average exchange rate of AMD 3.85/RUB 1. USD sales totaled $207.5 mln at an average exchange rate of AMD 399.78/$1, EUR sales totaled EUR 56.9mln at an average exchange rate of AMD 413.58/EUR 1, and RUB sales over RUB 4.4bln at an average exchange rate of AMD 4.01/RUB 1.
The largest USD purchases were reported on January 16 ($32.2mln), with the largest USD sales recorded on January 14 ($47.2mln) The largest EUR purchases were recorded on January 17 (EUR 9.9mln), with the largest EUR sales recorded on January 14 (EUR 12.4mln). The largest RUB purchases were recorded on January 13 (RUB 2.99bln) with the largest RUB sales recorded on January 17 (RUB 1.3bln).
In January-October, 2024, the CBA made $705.5mln interventions in Armenia's foreign exchange market only in April-October, with only purchase transactions effected ($20mln in April, $136.5mln in May, $100mln in June and $110mln in July, $132.3mln in August, $119mln in September, and $97.7mln in October). In the case of purchase transactions the AMD exchange rate saw depreciation to AMD 388.03/$1 in October 2024 against AMD 386.60/$1 in September 2023, when purchase translations were last effected, with greater depreciation against December 2022 (AMD 393.50/$1).
In January-October, 2024, in the intrabank foreign exchange market, purchases totaled $5.4bln, over EUR 1.3bln and RUB 683.7bln, and sales totaled $8.2bln, EUR 3.1bln and RUB 222.1bln, which formed the following buying rates in October 2024: the AMD 385.78/$1, AMD 419.2/EUR 1 and AMD 4.00/RUB 1 against AMD 402.72/$1, and AMD 437.90/EUR 1 and RUB 4.43/1 RUB in December 2023. The selling rates were as follow: AMD 388.36/$1, AMD, 425.63/EUR 1, and AMD 4.08/RUB 1 against AMD 406.14/$1, AMD 445.57/EUR 1 and AMD 4.5/RUB 1 in December 2023.
In January-October, 2024, on the interbank foreign exchange market, $883.4 mln, EUR 13.2mln, RUB 35.7bln transactions and EUR 46.8mln (with no EUR transactions effected in June 2024) were effected, which was accompanied by AMD appreciation against the RUB to AMD 4.02/RUB 1, against the USD, AMD 387.94/$1 and against the EUR, AMD 431.78/EUR 1, in October 2024, against AMD 4.47/RUB 1, AMD 405.62/$1 and EUR 444.30/EUR 1 respectively in December 2023. The largest volume of USD and EU transactions ($195.3mln and EUR 14.4mln) was recorded in September 2024, with the largest volume RUB transactions recorded this August (RUB 7.2bln).
This June, after an 8-year-long interval, the foreign exchange stock market resumed operation and saw $14.718mln transactions (in June-October), accompanied by AMD appreciation - AMD 387.75/$1 this October against AMD 389.85/$1 this June.
RUB transactions on the interbank foreign exchange market of Armenia started on March 14, 2022, with RUB 8.7bln transactions effected until the end of that year, with RUB 17.5bln transactions effected in 2023. This was accompanied by AMD depreciation against the RUB in March-December 2022 - AMD 4.86 to AMD 5.8/RUB 1, with AMD appreciation against the RUB to AMD 4.47/RUB 1 by the end of 2023.
