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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.

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The funding will go to a subsidiary of ContourGlobal, an international power-generation company that acquired the Vorotan Cascade in 2015.
"We are yet unable to disclose the names of companies we are conducting negotiations with," Satenik Hovhannisyan said.
1,259,657 tourists have arrived in Armenia in January-December 2016, the National Statistical Service said, up by 5,7% on the year before.
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