Weekly digest of foreign currency deals

Weekly digest of foreign currency deals

PanARMENIAN.Net - USD 91,538,948 was bought at an average price of AMD 405.65 /USD 1 and USD 100,891,180 sold at an average price of AMD 406.56 /USD 1 at the Armenian foreign currency market on Feb 4-8.

Deals amounting to USD 12,100,000 at an average price of 405.88 /USD 1 were concluded at NASDAQ OMX Armenia during the reporting period.

From January 28-Feb 3, AMD loans granted by banks totaled 38.1 bln., while USD loans amounted to 34.8 mln, the press service of the Central Bank of Armenia reported.

 Top stories
According to Minister Yervand Zakharyan, about $220 million will be invested in the project; the agreement will be signed within four months.
Maufacturing of tobacco products increased by 49.1% to AMD 94 bn, with production of jewelry also climbing 61% to AMD 18 bn.
Net inflow of remittances to Armenia in the reporting period amounted to approximately $891,4 million, down by 35.8% remitted in 2014.
The EBRD will acquire a stake of around 20% for $30 million. The remaining $10 million will be used for future capital increases.
Partner news