YEREVAN, April 22. / ARKA /. Last week, the average exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange fell by 0.36% to 415.50 drams and the weekly trading totaled $7.87 million, which was 28.0% less than the previous week.

The average selling rate of cash dollar went down by 0.40% on Saturday, April 20, to 416.53 drams, primarily due to reduced demand for foreign currency by businesses and individuals. In addition, the expected moderate growth in remittances to Armenia in April allows market participants to relax.

This week the U.S. dollar is likely to consolidate or decline slightly, however, given the expected positive trend of the U.S. dollar at international currency market against its major competitors, it   will not depreciate strongly.

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As we were expecting, early last week gold prices were slightly climbing amid the disappointing statistics from the U.S. labor market

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YEREVAN, April 8./ARKA/.Gold prices were stable during the past five trading days. However, most of the time the prices were downing and reached the new more than ten-month minimum of 1,540.09 USD per troy ounce since the safe heaven assets appeared not as attractive as they used to. In addition, the USA demonstrated steady economic […]

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Last week, the cost of US Dollar at NASDAQ OMX Armenia stock exchange rose 0.34% to 418.75 drams. The weekly trading in greenback totaled $11.20 million

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YEREVAN, October 15. /ARKA/. The U.S. dollar has climbed 0.86% against the Armenian dram over the last week at NASDAQ OMX Armenia stock exchange and traded at 408.74 drams, on average. The foreign exchange transactions effected there over the mentioned period totaled $18.00 million – 62.31% more than over the previous week. The dollar traded […]

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Early last week gold prices were teetering amid the investors’ concerns about a regular session of the European Central Bank, as well as data from the U.S. labor market.

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Metals markets: gold and copper traded up and down last week against the backdrop of eurozone concerns.

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Last week, the average exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange dropped by 0.06% to 407.47 drams as the weekly trading amounted to $19.395 million

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Last week, the exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange dropped by 0.10% to 411.50 drams with weekly trading in the greenback amounting to USD 13.90 million, up 13.93% from the previous week.

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Last week the U.S. dollar’s average weighted exchange rate at NASDAQ OMX Armenia stock exchange rose by 0.22 % to 411.92 drams with weekly trading amounting to USD 12.20 million, 96. 77% higher from a week earlier

Categories: Analytics, Exchange market, News | Comments Off on Armenia: Forex market review for August 6-10

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