Armenia’s FX market on October 14: Central Bank summary
Armenian banks and credit organisations bought about $34 million and sold about $38.6 million on October 14.
According to the Central Bank of Armenia, the weighted average dollar buying rate was AMD 360.23 and the selling rate AMD 362.64. There were no dollar transactions on the interbank* market.
Euro transactions totalled about €14.58 million in purchases and €11.40 million in sales. The average buying rate was AMD 402.98 and the selling rate AMD 407.77. There were no euro transactions on the interbank market.
On the same day, about 1.79 billion roubles were bought at an average rate of AMD 4.22, and 516.3 million roubles were sold at AMD 4.35. On the interbank market, 100 million roubles were bought and sold at AMD 4.32.
Purchases of other currencies totalled AMD 65.5 million (about $181,100) in dram terms, and sales AMD 823.8 million.
In-house purchase transactions of banks and credit organisations totalled AMD 25.75 billion, and sales AMD 21.70 billion. Interbank purchases and sales each amounted to AMD 432 million.
Foreign currency bought by credit organisations totalled AMD 823.7 million in dram terms, and currency sold AMD 881.2 million.
Intrabank and interbank transactions, October 1 to 14
Banks and credit organisations. There were no interbank dollar transactions on October 5, 6, 8, 9, 12 and 14, and no interbank rouble transactions on October 6. Interbank euro transactions took place on October 6 (purchases and sales), October 7 (sales only) and October 8 (purchases only).
From September 28 to October 4, exchange offices bought $17.4 million and sold $19.5 million. The average dollar buying rate ranged from AMD 359.88 to 360.85, and the selling rate from AMD 362.45 to 362.92.
Euro transactions totalled €4.52 million in purchases and €4.95 million in sales. The average selling rate ranged from AMD 408.29 to 412.94.
Over the week, exchange offices bought 1.07 billion Russian roubles and sold 640 million roubles. The rouble ranged between AMD 4.06 and 4.14.
Transactions in other currencies totalled AMD 233.7 million in purchases and AMD 226.3 million in sales in dram terms.
Exchange offices: weighted average rates, AMD
| Date | US dollar | Euro | Russian rouble | |||
|---|---|---|---|---|---|---|
| Buy | Sell | Buy | Sell | Buy | Sell | |
| September 28 | 360.43 | 362.88 | 409.44 | 412.94 | 4.098 | 4.096 |
| September 29 | 360.66 | 362.84 | 408.43 | 412.04 | 4.106 | 4.092 |
| September 30 | 360.85 | 362.74 | 407.92 | 411.43 | 4.123 | 4.115 |
| October 1 | 360.66 | 362.92 | 406.37 | 410.65 | 4.140 | 4.136 |
| October 2 | 360.37 | 362.70 | 404.39 | 408.83 | 4.127 | 4.121 |
| October 3 | 360.20 | 362.86 | 403.92 | 408.29 | 4.104 | 4.107 |
| October 4 | 359.88 | 362.45 | 403.71 | 408.95 | 4.065 | 4.099 |
* Transactions with the Central Bank of Armenia and on the Armenia Stock Exchange are not included in the calculations.
