Weekly digest of foreign currency deals

Weekly digest of foreign currency deals

PanARMENIAN.Net - USD 91,361,988 was bought at an average price of AMD 405.23 /USD 1 and USD 103,883,386 sold at an average price of AMD 406.28 at the Armenian foreign currency market on November 26-30.

Deals amounting to USD 14,610,000 at an average price of 405.61 /USD 1 were concluded at NASDAQ OMX Armenia during the reporting period.

From November 19-25, AMD loans granted by banks totaled 31.3 bln, while USD loans amounted to 43.2 mln, the press service of the Central Bank of Armenia reported.

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Total underground mineral resources comprised 4.3 million tons of ore, averaging 4.2 grams per ton for 0.6 mln ounces of gold equivalent.
For those with a monthly consumption of 10 thousand cubic meters or more, the current price of $276.98 would be reduced to $257.56.
The PM said the impact of the agreement on ordinary consumers will be announced once relevant authorities consider the issue.
Azerbaijan is highly dependent on oil revenues and its preliminary 2016 budget indicates reductions in military spending, the report says.
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