Neither Dollar Nor Euro Deals Effected At NASDAQ OMX ARMENIAN On Wednesday

04.05.2011 20:28
Neither Dollar Nor Euro Deals Effected At NASDAQ OMX ARMENIAN On Wednesday

YEREVAN, May 4. /ARKA/. Neither dollar nor euro transactions were effected at NASDAQ OMX Armenian on Wednesday, according to the information received from this stock exchange.

Mikael Verdyan, analyst at Forex Club, explaining things, told ARKA News Agency that this situation is created by uncertainty in forex.

He said the market players, fearing that the Central Bank of Armenia may interfere in foreign exchange, refrain from buying foreign currencies.

Fundamental factors favorable for the dollar deter financial market players from selling dollars.

The latest forex deal at the stock exchange was effected on May 3, when one dollar traded at 374.25 drams.
Today’s average exchange rates are $1 = AMD 372.79 and €1 = AMD 553.63.-0—


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