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
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
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