Armenia’s FX market on November 4: Central Bank summary
Armenian banks and credit organisations bought about $35.2 million and sold about $51.4 million on November 4.
According to the Central Bank of Armenia, the weighted average dollar buying rate was AMD 359.00 and the selling rate AMD 361.21. On the interbank* market, $2.5 million was bought and sold at a weighted average rate of AMD 360.20.
Euro transactions totalled about €7.94 million in purchases and €10.19 million in sales. The average buying rate was AMD 399.69 and the selling rate AMD 405.56. No interbank euro trades were made.
On the same day, about 1.09 billion roubles were bought at an average rate of AMD 4.30, and 648.4 million roubles were sold at AMD 4.46. Interbank purchases and sales each amounted to 250 million roubles at a weighted average rate of AMD 4.40.
Purchases of other foreign currencies came to AMD 639.8 million (about $1.78 million) in dram terms, and sales AMD 554.3 million.
In-house purchase transactions of banks and credit organisations reached AMD 21.12 billion, and sales AMD 26.15 billion. Interbank purchases and sales each totalled AMD 2.0 billion.
Foreign currency bought by credit organisations totalled AMD 966.2 million in dram terms, and currency sold AMD 894.4 million.
Intrabank and interbank transactions, October 22 to November 4
Banks and credit organisations. There were no interbank dollar transactions on November 2. There were no interbank euro transactions during the period, and no interbank rouble transactions on October 22 and 28. The interbank dollar bar shows purchases on October 23 ($5 million; sales were $4 million), sales on October 26 and 30 ($1 million and $0.5 million) and purchases on October 29 ($2.5 million; sales were $2 million).
From October 19 to 25, exchange offices bought $15.9 million and sold $18.6 million. The average dollar buying rate ranged from AMD 357.53 to 359.28, and the selling rate from AMD 360.95 to 361.70.
Exchange offices bought €4.42 million and sold €4.99 million. The average selling rate ranged from AMD 404.50 to 405.69.
Over the week, exchange offices bought 1.13 billion Russian roubles and sold 594.2 million roubles. The rouble ranged between AMD 4.11 and 4.27.
Transactions in other currencies totalled AMD 225 million in purchases and AMD 271.2 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 19 | 357.97 | 360.95 | 401.63 | 405.52 | 4.132 | 4.107 |
| October 20 | 358.33 | 361.14 | 401.49 | 405.39 | 4.136 | 4.114 |
| October 21 | 357.53 | 361.31 | 401.96 | 405.38 | 4.176 | 4.145 |
| October 22 | 359.28 | 361.70 | 402.37 | 405.69 | 4.219 | 4.203 |
| October 23 | 359.12 | 361.39 | 401.52 | 405.32 | 4.268 | 4.257 |
| October 24 | 358.23 | 361.12 | 400.20 | 405.05 | 4.269 | 4.259 |
| October 25 | 357.96 | 361.01 | 399.75 | 404.50 | 4.206 | 4.256 |
* Transactions with the Central Bank of Armenia and on the Armenia Stock Exchange are not included in the calculations.
