ArmInfo. March 24 to 28, 2025, in Armenia's interbank foreign exchange market, USD and three RUB transactions were effected, with no EUR transactions effected. USD transactions showed a 31% growth against a 21% decline the previous week. RUB transactions showed a 30.3% decline against a 3% decline the previous week. The total amount of USD transactions exceeded that of RUB transactions 2.5-fold against 1.3-fold.
During the period under review against the previous week (March 17 to 21, 2025), in the intrabank foreign exchange market, USD purchases and sales showed further growth, with EUR purchases and sales showing a decline, with RUB purchases and sales showing a marked decline against a substantial growth.
March 24 to 28, 2025, saw AMD depreciation against the USD - AMD 392/$1 to AMD 391/$1, AMD appreciation against the EUR - AMD 426.3/EUR 1 to AMD 422.8/EUR 1, and AMD depreciation against the RUB - AMD 4.56/RUB 1 to AMD 4.63 RUB 1.
March 24 to 28, 2025, US $17mln transactions were effected at an average exchange rate of AMD 393.09/$1 (against AMD 392.98/$1 the previous week), RUB 575mln transactions, at an average exchange rate of AMD 4.64/RUB 1 (against AMD 4.66/RUB 1 the previous week). The interbank foreign exchange market showed activity during the period under review, with daily USD transactions effected, and RUB ones effected on March 24, 27 and 28. The period under review saw the largest volume of USD transactions on March 26 ($6mln), and the largest volume of RUB transactions on March 28 (RUB 350mln).
March 24 to 28, 2024, against the previous period (March 17 to 21, 2025), in Armenia's intrabank foreign exchange market, USD purchases showed an 8.6% growth against a 15% growth, with USD sales showing a 16.5% growth against an 18.1% growth. RUB purchases showed a 15.2% decline against a 33.5% growth, and RUB sales showed a 53% decline against a 111.1% growth. EUR purchases showed a 20% decline, with EUR sales showing a 16.5% decline against a 22% growth.
During the period under review, USD purchases totaled $137.1mln at an average exchange rate of AMD 389.82/$1, EUR 26.5mln at an average exchange rate of AMD 419.59/EUR 1, and over RUB 15.3bln at an average exchange rate of AMD 4.62/RUB 1. USD sales totaled $224.6mln at an average exchange rate of AMD 393.33/$1. EUR sales totaled EUR 83.1mln at an average exchange rate of AMD 427.2/EUR 1, and RUB sales RUB 2.6bln at an average exchange rate of AMD 4.73/RUB 1.
The largest USD purchases and EUR were reported on March 26 ($53.9mln and EUR 5.9mln), with the largest USD and EUR sales recorded on March 25 ($50.4mln and EUR 21.5mln) The largest RUB purchases were recorded on March 24 (RUB 4.7bln) with the largest RUB sales recorded on March 27 (RUB 856.1bln).
In January-December, 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 $87.7mln 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 appreciation against December 2022 (AMD 393.50/$1).
In January-December, 2024, in the intrabank foreign exchange market, purchases totaled $6.8bln, over EUR 1.7bln and RUB 770.7bln, and sales totaled $9.96bln, EUR 3.6bln and RUB 266.1bln, which formed the following buying rates in December 2024: the AMD 394.84/$1, AMD 413.75/EUR 1 and AMD 3.84./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 398.16/$1, AMD, 420.09/EUR 1, and AMD 3.97/RUB 1 against AMD 406.14/$1, AMD 445.57/EUR 1 and AMD 4.5/RUB 1 in December 2023.
In January-December, 2024, on the interbank foreign exchange market, $993.4 mln, EUR 47.8mln, RUB 39.2bln transactions, with no EUR transactions effected in June and November 2024, which was accompanied by AMD appreciation against the RUB to AMD 3.84/RUB 1, and against the USD, AMD 396.1/$1, against AMD 4.47/RUB 1, AMD 405.62/$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).
In June, 2024, 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 last October against AMD 389.85/$1 last June. No transactions were effected on the foreign exchange stock market last November and December.
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.
