Announcement

Collapse
No announcement yet.

Volume Of Stock Exchange Transactions Total $15.8mln In Armenia On M

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Volume Of Stock Exchange Transactions Total $15.8mln In Armenia On M

    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
Working...
X