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HAYKAKAN ZHAMANAK: ARMENIA'S CENTRAL BANK MAKES LARGE-SCALE INTERVENTIONS
09:13 * 19.11.14
The Central Bank of Armenia (CBA) on Tuesday made a large-scale
intervention in an effort to prevent the national currency's sharp
decline, the paper has learned.
Yesterday's Stock Exchange transactions, amounting to $10,250,000,
were entirely CBA interjections, according to the paper.
The paper says that the Dollar exchange rate has dropped by 0.5
Armenian Drams to 415.80, adding that the interventions made since
November 5 amount to a total of $50 million.
Armenian News - Tert.am
From: Baghdasarian
09:13 * 19.11.14
The Central Bank of Armenia (CBA) on Tuesday made a large-scale
intervention in an effort to prevent the national currency's sharp
decline, the paper has learned.
Yesterday's Stock Exchange transactions, amounting to $10,250,000,
were entirely CBA interjections, according to the paper.
The paper says that the Dollar exchange rate has dropped by 0.5
Armenian Drams to 415.80, adding that the interventions made since
November 5 amount to a total of $50 million.
Armenian News - Tert.am
From: Baghdasarian