Armenia’s FX market on October 26: Central Bank summary
Armenian banks and credit organisations bought about $28.2 million and sold about $34.4 million on October 26.
According to the Central Bank of Armenia, the weighted average dollar buying rate was AMD 359.64 and the selling rate AMD 362.15. On the interbank* market, $1 million was sold at AMD 360.90, with no purchases recorded.
Euro transactions totalled about €9.36 million in purchases and €12.46 million in sales. The average buying rate was AMD 401.72 and the selling rate AMD 407.83. There were no euro transactions on the interbank market.
On the same day, about 2.18 billion roubles were bought at an average rate of AMD 4.36, and 784.6 million roubles were sold at AMD 4.50. On the interbank market, 600 million roubles were bought and sold at AMD 4.47.
Purchases of other foreign currencies totalled AMD 168.2 million (about $466 thousand) in dram terms, and sales AMD 1.41 billion.
In-house purchase transactions of banks and credit organisations totalled AMD 23.59 billion, and sales AMD 22.46 billion. Interbank purchases amounted to AMD 2.68 billion and sales to AMD 3.04 billion.
Foreign currency bought by credit organisations totalled AMD 1.84 billion in dram terms, and currency sold AMD 1.76 billion.
Intrabank and interbank transactions, October 13 to 26
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 5 to 11, exchange offices bought $15.3 million and sold $18 million. The average dollar buying rate ranged from AMD 357.74 to 360.20, and the selling rate from AMD 360.82 to 362.46.
Exchange offices bought €4.14 million and sold €4.99 million. The average selling rate ranged 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 ranged between AMD 4.01 and 4.09.
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.
