Neither Dollar- Nor Euro-Dram Exchange Deals Effected At Nasdaq OMX Armenia On Thursday And Friday

Capital market

YEREVAN, December 2. /ARKA/. Neither dollar- nor euro-dram exchange transactions were reportedly effected at NASDAQ OMX Armenia on Thursday and Friday.

Commenting on the situation, Yeghishe Danielyan, adviser to Araratbank’s executive director, said that the stock market players on both sides were adamant in their unwillingness to make concessions – the dollar was offered at 382.75 drams, while demand stood at 382.5 drams.

He said that the dollar is believed to go up against the national currency at the next auction.

The latest foreign exchange transaction was effected at NASDAQ OMX Armenia on Wednesday. The dollar then traded at 381 dram at the stock exchange.

The Central Bank of Armenia downed the dollar’s value by 0.64 points on Friday, compared with Thursday, to 381.22 drams per one dollar. –0–

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