Armenia’s FX market on October 12–16: Central Bank summary
Armenian banks and credit organisations bought about $215.8 million and sold about $201.7 million from October 12 to 16.
According to the Central Bank of Armenia, the weighted average dollar buying rate for the week was AMD 360.79 and the selling rate AMD 362.64. The largest purchase volume came on October 16: $67.1 million at AMD 361.33. On the interbank* market, dollar transactions took place only on October 13 ($4 million at AMD 362) and October 15 ($1 million at AMD 361.90), a total of $5 million at an average rate of AMD 361.98.
Euro transactions totalled about €56.87 million in purchases and €61.26 million in sales. The average buying rate was AMD 402.60 and the selling rate AMD 408.34. There were no interbank euro transactions during the week.
Over the week, about 9.6 billion roubles were bought at an average rate of AMD 4.21 and about 2.98 billion roubles were sold at AMD 4.33. On the interbank market, 2.08 billion roubles were bought and sold at an average rate of AMD 4.31. Interbank rouble transactions took place every day, peaking on October 16 at 850 million roubles.
Purchases of other currencies totalled AMD 1.26 billion (about $3.5 million) in dram terms, and sales AMD 3.75 billion.
In-house purchase transactions for the week totalled AMD 142.45 billion, and sales AMD 114.84 billion. Interbank purchases and sales each amounted to AMD 10.76 billion.
Foreign currency bought by credit organisations totalled AMD 5.56 billion in dram terms, and currency sold AMD 5.64 billion.
Intrabank and interbank transactions, October 12–16
Banks and credit organisations. There were no interbank dollar transactions on October 12, 14 and 16, and no interbank euro transactions all week.
Banks and credit organisations: weighted average rates, AMD
| Date | US dollar | Euro | Russian rouble | |||
|---|---|---|---|---|---|---|
| Buy | Sell | Buy | Sell | Buy | Sell | |
| October 12 | 360.67 | 362.92 | 402.13 | 408.93 | 4.17 | 4.30 |
| October 13 | 360.71 | 362.66 | 401.48 | 408.94 | 4.22 | 4.33 |
| October 14 | 360.23 | 362.64 | 402.98 | 407.77 | 4.22 | 4.35 |
| October 15 | 360.54 | 362.42 | 402.24 | 407.76 | 4.22 | 4.34 |
| October 16 | 361.33 | 362.59 | 403.55 | 408.53 | 4.23 | 4.35 |
From October 5 to 11, exchange offices bought $15.29 million and sold $17.96 million. The weighted average dollar buying rate ranged from AMD 357.74 to 360.20, and the selling rate from AMD 360.82 to 362.46.
Euro transactions totalled €4.14 million in purchases and €4.99 million in sales. The euro buying rate ranged from AMD 400.77 to 402.16, and the selling rate from AMD 405.23 to 406.90.
Over the week, exchange offices bought 1.05 billion Russian roubles and sold 613.9 million roubles. The rouble buying rate ranged from AMD 4.01 to 4.09, and the selling rate from AMD 4.04 to 4.06.
Transactions in other currencies totalled AMD 245.5 million in purchases and AMD 221.5 million in sales in dram terms.
Exchange offices: weighted average rates, AMD
| Date | US dollar | Euro | Russian rouble | |||
|---|---|---|---|---|---|---|
| Buy | Sell | Buy | Sell | Buy | Sell | |
| October 5 | 360.20 | 362.46 | 401.96 | 406.28 | 4.091 | 4.088 |
| October 6 | 359.52 | 361.84 | 400.77 | 405.23 | 4.049 | 4.060 |
| October 7 | 359.19 | 361.74 | 401.88 | 406.24 | 4.032 | 4.055 |
| October 8 | 359.00 | 361.65 | 402.06 | 405.81 | 4.040 | 4.043 |
| October 9 | 358.65 | 361.42 | 402.16 | 406.31 | 4.038 | 4.045 |
| October 10 | 357.99 | 361.25 | 402.02 | 406.84 | 4.038 | 4.049 |
| October 11 | 357.74 | 360.82 | 401.63 | 406.90 | 4.010 | 4.059 |
* Transactions with the Central Bank of Armenia and on the Armenia Stock Exchange are not included in the calculations.
