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Volume of transactions in USD on February 20 -24 in NASDAQ OMX Armenia was $5.55 million

YEREVAN, February 27. /ARKA/. Total volume of USD purchase-sale transactions implemented in the stock exchange NASDAQ OMX Armenia on February 20-24, 2012 was $5.55 million reduced by 69% compared to the indicator of the last week, press-service of CBA informed ARKA News Agency.

Auctions in foreign currency in the reporting period were implemented by weighted average rate of 389.74 drams per $1, and transactions in euro and ruble was not implemented in the stock exchange.

Open JSC NASDAQ OMX Armenia (operating as Open JSC “Armenian stock market” till January 27, 2009) was established in 2001 as a self-regulatory organization on the basis of volunteer unification of 21 dealer companies. At the beginning of November 2007 the stock exchange was re-organized into open joint stock company. Since November 7, 2008 the company ОМХ (currently NASDAQ OMX) is 100% shareholder of shares in NASDAQ OMX Armenia stock market. On June 5, 2009 the stock exchange became a 100% shareholder of shares of Central Depository of Armenia.

License for organization of auctions on purchase-sale of currency was provided to NASDAQ OMX Armenia stock exchange by CBA on November 7, 2005. Auctions in the currency platform started officially on November 15, 2005. –0–

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