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Deals on US$ sale/purchase totals $21.7m at Armenian stock exchange

DEALS ON U.S. DOLLAR SALE/PURCHASE TOTALS $21.7MLN AT ARMENIAN STOCK EXCHANGE IN JULY 2006

ARKA News Agency, Armenia
Aug 2 2006

YEREVAN, August 2. /ARKA/. Deals on U.S. dollar sale and purchase
totaled $21.7mln or AMD 9.06bln at Armenian Stock Exchange auction
in July 2006.

ARKA News Agency’s analysis grounded on the Stock Exchange’s
information showed that this result is 1.33 times smaller than that
of June 2006 – $28.9mln or AMD 12.09bln.

The U.S. currency exchange rate ranged between AMD 410.55 and AMD
418.7 for $1 that month.

No deals on euro were made at the mentioned period.

Armenian Stock Exchange received its license for auctions organization
from Central Bank of Armenia on November 7, 2005.

Today CBA set following exchange rates: $1=AMD 413.33, 1euro=AMD
527.7. M.V. -0—-

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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