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No dollar-dram exchange deals at NASDAQ OMX Armenia because of high supplies of dollars

19.01.2012 06:36

No dollar-dram exchange deals at NASDAQ OMX Armenia because of high supplies of dollars
YEREVAN, January 18. /ARKA/. No dollar-dram exchange transactions were effected today at NASDAQ OMX Armenia stock exchange because of high supplies of dollars this week, Mikael Verdyan, analyst at FOREX CLUB, told ARKA News Agency.
 
“One of the factors behind high supply was the central bank’s interventions, which made stock market players refrain from buying and selling currencies,” he said.
 
The little difference between selling and buying prices – 386.51 drams and 387.75 drams - came as the second factor that deterred dollar sellers from effecting exchange deals.
 
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