Armenia’s FX market on October 27: Central Bank summary
Armenian banks and credit organisations bought about $61.9 million and sold about $41.9 million on October 27.
According to the Central Bank of Armenia, the weighted average dollar buying rate was AMD 359.74 and the selling rate AMD 361.96. On the interbank* market, $3.5 million was bought and sold at a weighted average rate of AMD 360.43.
Euro transactions totalled about €9.65 million in purchases and €16.49 million in sales. The average buying rate was AMD 401.90 and the selling rate AMD 406.84. There were no euro transactions on the interbank market.
On the same day, about 2.39 billion roubles were bought at an average rate of AMD 4.39, and 529 million roubles were sold at AMD 4.51. Interbank rouble purchases and sales each totalled 600 million at AMD 4.46.
Purchases of other foreign currencies totalled AMD 214.7 million (about $595 thousand) in dram terms, and sales AMD 783.4 million.
In-house purchase transactions of banks and credit organisations totalled AMD 36.84 billion, and sales AMD 25.03 billion. Interbank purchases and sales each amounted to AMD 3.94 billion.
Foreign currency bought by credit organisations totalled AMD 862 million in dram terms, and currency sold AMD 900.8 million.
Intrabank and interbank transactions, October 14 to 27
Banks and credit organisations. There were no interbank dollar transactions on October 14, 16, 19 and 20. There were no interbank euro transactions during the period, and no interbank rouble transactions on October 22. The interbank dollar bar shows purchases on October 23 ($5 million; sales were $4 million) and sales on October 26 ($1 million).
From October 12 to 18, exchange offices bought $16.3 million and sold $19.5 million. The average dollar buying rate ranged from AMD 357.02 to 359.41, and the selling rate from AMD 360.86 to 361.45.
Exchange offices bought €4.52 million and sold €4.92 million. The average selling rate ranged from AMD 404.76 to 406.27.
Over the week, exchange offices bought 1.11 billion Russian roubles and sold 594.9 million roubles. The rouble ranged between AMD 4.07 and 4.12.
Transactions in other currencies totalled AMD 253.2 million in purchases and AMD 271.3 million in sales in dram terms.
Exchange offices: weighted average rates, AMD
| Date | US dollar | Euro | Russian rouble | |||
|---|---|---|---|---|---|---|
| Buy | Sell | Buy | Sell | Buy | Sell | |
| October 12 | 358.96 | 361.34 | 402.71 | 406.27 | 4.079 | 4.075 |
| October 13 | 359.38 | 361.45 | 401.69 | 405.57 | 4.108 | 4.116 |
| October 14 | 359.41 | 361.32 | 401.25 | 405.14 | 4.116 | 4.115 |
| October 15 | 358.40 | 361.08 | 401.05 | 404.76 | 4.119 | 4.118 |
| October 16 | 357.92 | 360.93 | 401.06 | 405.39 | 4.117 | 4.112 |
| October 17 | 357.53 | 361.01 | 401.32 | 405.81 | 4.113 | 4.108 |
| October 18 | 357.02 | 360.86 | 399.66 | 405.88 | 4.073 | 4.117 |
* Transactions with the Central Bank of Armenia and on the Armenia Stock Exchange are not included in the calculations.
