Dollar purchases on Armenia’s FX market up 56.5% to $46.3 million on November 10
Armenia’s banks and credit organisations bought about $46.3 million on November 10, 56.5% more than on November 9, and sold about $46.5 million.
According to the Central Bank of Armenia, the weighted average buying rate for the dollar was AMD 359.55 and the selling rate AMD 361.31. On the interbank* market, $1 million was bought and sold at a weighted average rate of AMD 360.50.
Euro purchases totalled about €11.44 million and sales €10.45 million. The average buying rate was AMD 400.72 and the selling rate AMD 406.78. There were no interbank euro trades.
On the same day, about 1.57 billion roubles were bought at an average rate of AMD 4.29 and 562.8 million roubles were sold at AMD 4.42. There were no interbank rouble trades.
Purchases of other currencies totalled AMD 198.6 million (about $551.0 thousand) in dram terms, and sales AMD 1.06 billion.
Total intrabank purchases by banks and credit organisations reached AMD 28.20 billion and sales AMD 24.61 billion. Interbank transactions totalled AMD 360.5 million in both purchases and sales.
Credit organisations bought foreign currency worth AMD 851.8 million and sold AMD 1.02 billion in dram terms.
Intrabank and interbank transactions, October 28 to November 10
Banks and credit organisations. The interbank bar shows purchases. There were no interbank dollar trades on October 30 and November 2 and 5, and no interbank rouble trades on October 28 and November 10. There were no interbank euro trades in this period.
From October 26 to November 1, exchange offices bought $15.4 million and sold $18.2 million. The average buying rate for the dollar ranged from AMD 357.42 to 358.60, and the selling rate from AMD 359.99 to 361.04.
Euro purchases totalled €3.95 million and sales €4.83 million. The average selling rate ranged from AMD 400.40 to 404.74.
Over the week, exchange offices bought 1.02 billion Russian roubles and sold 547.0 million roubles. The rouble rate ranged from AMD 4.16 to 4.26.
Transactions in other currencies totalled AMD 238.2 million in purchases and AMD 247.7 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 26 | 358.60 | 361.04 | 401.27 | 404.74 | 4.258 | 4.247 |
| October 27 | 358.23 | 360.65 | 399.48 | 403.02 | 4.253 | 4.227 |
| October 28 | 357.53 | 360.09 | 396.99 | 401.42 | 4.234 | 4.207 |
| October 29 | 357.42 | 359.99 | 397.06 | 400.40 | 4.230 | 4.208 |
| October 30 | 357.96 | 360.31 | 398.54 | 401.58 | 4.208 | 4.190 |
| October 31 | 357.99 | 360.38 | 398.55 | 401.47 | 4.160 | 4.180 |
| November 1 | 357.59 | 360.43 | 398.19 | 402.65 | 4.155 | 4.175 |
* Transactions with the Central Bank of Armenia and on the Armenia Stock Exchange are not included in the calculations.
