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USD purchasing/selling at NASDAQ OMX ARMENIA hit $4 mln last week

YEREVAN, February 25. /ARKA/. USD purchasing/selling at NASDAQ OMX Armenia stock exchange within February  18-22  fell to $4 million from $17.49 throughout February 11-15, the Central Bank reported to ARKA on Monday.

Trading was processed  at the rate of 407.69 drams per $1, no transactions in euros or Russian rubles were reported.

NASDAQ OMX Armenia (former Armenian Stock Exchange, Armex), was established in 2001 as a voluntary merger of 21 broker (dealer) companies. In November 2007 the stock exchange was reorganized into OJSC. OMX (current NASDAQ OMX) is a holder of 100% stock of NASDAQ OMX Armenia.

The stock exchange obtained 100% stock of Armenia’s Central Depository. NASDAQ OMX Armenia received a trade license from CBA on November 7, 2005. The trades on the stock exchange were officially launched on 15 November 2005. ($1-  407.49 drams). —0-

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