
During May 15-20 Armenian volume in foreign currency of the interbank market increased to 41.8%, after a 2% rise in the previous week. In parallel, the dollar, euro and russian ruble downward trend was sharply replaced by weekly upward in purchase and sale transactions. It is noteworthy that in the background, after a long pause, the currency exchange platform showed signs of life recording a modest rate of 200 thousand dollars on May 17 and 20.
As a result, in reporting week AMD consolidated at 483 AMD / US $ level, the euro weakened against AMD at 541AMD / EUR level, the ruble is attached to the 8.5 AMD / ruble level. Before that, on May 1-20, 2016 the US dollar was strengthened against AMD at 478AMD / USD level, EUR at 536 AMD / euro level and a ruble to 7.3 AMD/ RUB level.
According to the Central Bank, on May 15-20 in the exchange market volume amounted to 400 thousand dollars by 483.20 AMD / US $ average exchange rate. The volume of interbank foreign exchange market amounted to 8,650 million by average rate of 483.73AMD / USD (previous week to 484.16 AMD / USD). The highist volume of interbank currency market were recorded at the beginning of the week( 2.0-2.7 million) and the minimum volume on Friday, totaling 600 thousand dollars.
In parallel, in the foreign exchange market the dollar buying / selling by banks dynamics of 32.8-32% decline was replaced by 60.1-68% growth, in euro transactions i 54-19.3% drop by 114.3-34.5% growth, and in the Russian ruble the 48.5-38.7% decline was replaced by 150.7-41.2% growth.
As a result, $ 86.6 million was purchased by 482.84 AMD / $ 1 average rate, 10.5 million euros by 531.73 AMD/ euro exchange rate and the 1.4 billion rubles by 8.45 drams / ruble average exchange rate. $ 94.7 million was sold by 484.76 AMD/ $ 1 average rate, 15.2 million EUR by 535.12 AMD / EUR average exchange rate and 415.3 million ruble by 8.55 AMD/ a ruble average exchange rate.
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