ARMENIAN DRAM INCREASES BY 0.10% AGAINST U.S. DOLLAR IN EARLY AUGUST

YEREVAN, August 9 (Noyan Tapan). The Armenian dram increased by 0.10%
against the U.S. dollar trading at 518.57 drams instead of 519.07
drams from July 30 to August 5. Exchange deals amounting to 52 mln,
229 thousand dollars with an average weighted exchange rate at 517.50
drams were carried out on the currency market of the republic during
the same period. According to the data published by the RA Central
Bank, during the indicated period the Central Bank released 51-week
state bonds of 500 mln drams with an annual yield at 5.2584% and paid
off 51-week state bonds of 600 mln drams with an annual yield at
10.7351% and 48-week state bonds of 500 mln drams with an annual yield
at 10.5961%. During the indicated period the Central Bank also
carried out 1 mln, 450 thousand-dram currency swap (with the duration
of 48 days and with an annual yield at 3.51%).