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Rally expected to be seen in foreign currency transactions at Armenian stock market in December

16.11.2015 18:28

Rally expected to be seen in foreign currency transactions at Armenian stock market in December

YEREVAN, November 16. /ARKA/. A rally in transactions with foreign currencies is expected to be seen at Armenia’s stock market after flagging, NASDAQ OMX Armenia CEO Konstantin Saroyan said on Monday.

“Foreign currency transactions will resume (after two weeks of stagnation) in December,” he said. “We are trying to introduce new mechanisms for trading. I can’t open the brackets now, but we hope to see amounts of deals increased.”

The last forex transaction was made at the stock exchange on October 30, when the US dollar traded at AMD 473.75.

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