VOLUME OF STOCK EXCHANGE TRANSACTIONS TOTAL $15.8MLN IN ARMENIA ON MARCH 16-20
ARKA
March 23, 2009
YEREVAN, March 23. /ARKA/. Total volume of transactions on USD was
$15.8mln on NASDAQ OMX Armenia on March 16-20, the Press Service of
the Central Bank of Armenia (CBA) reported.
According to the report, dollar/dram average weighted rate was 373.38
Drams for $1 in the transactions.
On the country’s intrabank market, banks purchased foreign exchange
for a total of $40.3mln at 370.33Drams for $1 average weighted exchange
rate and sold foreign currency for $70.4mln at 375.02Drams for $1.
On the interbank market, volume of transactions on foreign exchange
purchase/sale was $33mln at 370.37Drams for $1 average weighted
exchange rate in the period.
In the period from March 9 to March 15, the volume of loans extended
by Armenian banks in Drams was 7.1bln Drams, in dollars – $12.7mln.
On January 27 2009 Armenian Stock Exchange open joint stock company
was officially renamed as NASDAQ OMX Armenia open joint stock company.
It was founded a self-regulating organization registered in Armenia
on February 13 2001 embracing 21 dealer organizations. On November 9
Armex was reorganized to an open joint stock company. OMX has been the
100% owner of Armex and the Central Depository since January 7 2008.
The license for auctions on currency supply/sale was issued to NASDAQ
OMX Armenia on November 7 2005.
By February 20, twenty-three securit ies underwent listing on NASDAQ
OMX Armenia stock exchange with the capitalization reaching 53.3bln
Drams. ($1=372.02Drams).
From: Emil Lazarian | Ararat NewsPress