Weekly digest of foreign currency deals

Weekly digest of foreign currency deals

PanARMENIAN.Net - USD 74,305,352 was bought at an average price of AMD 415.80 /USD 1 and USD 83,313,495 sold at an average price of AMD 413.59/USD 1 at the Armenian foreign currency market on August 6-10.

Deals amounting to USD 12,200,000 at an average price of 413.47 /USD 1 were concluded at NASDAQ OMX Armenia during the reporting period.

From July 30-August 5, AMD loans granted by banks totaled 30.1 bln, while USD loans amounted to 40.4 mln, the press service of the Central Bank of Armenia reported.

 Top stories
A relevant agreement was signed by the minister of finance Gagik Khachatryan and German ambassador to Armenia Rayner Morel.
The total cost of the final deal is over AMD 85.8 billon to be paid in two equal halves, after completion of the deal formalities.
Aleksei Miller was also scheduled to meet with government officials in Germany, which is a major customer of Gazprom’s supplies.
Access to finance is a major impediment to the growth of micro, small and medium enterprises, especially in the rural areas.
Partner news