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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No dollar exchange transactions were effected at NASDAQ OMX Armenia stock exchange over a period between November 2 and 6.

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A total of $5.55 million was traded at NASDAQ OMX Armenia stock exchange from October 26 to 30, against $3.87 million, traded from October 19 to 23, the press service of the Central Bank of Armenia told ARKA

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A total of $3.87 million were traded at NASDAQ OMX Armenia stock exchange on October 19 -23, up from $1.55 million traded a week earlier, the Central Bank of Armenia said today

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Dollar-dram exchange transactions effected at NASDAQ OMX Armenia stock exchange over a period from October 12 to 16 totaled $1.55 million against $5.95 million one week before, the press office of the Central Bank of Armenia told ARKA News Agency

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The Hrazdan Power Company, the only shareholder of which is the Russian energy holding Inter RAO, withdrew its stocks from being traded at NASDAQ OMX Armenia stock exchange on September 23

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Dollar-dram exchange transactions effected at NASDAQ OMX Armenia stock exchange over a period from August 31 to September 4 totaled $8.75 million against $3.3 million one week before

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European stocks dropped and the euro weakened as Greek voters’ rejection of austerity sent investors to the relative safety of Treasuries, German bunds and the yen, Bloomberg reports

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The Central Bank of Armenia said nearly $19.58 mln was traded at NASDAQ OMX Armenia stock exchange from June 22 to 26, 2015

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The Central Bank of Armenia said nearly $24.6 mln was traded at NASDAQ OMX Armenia stock exchange from June 8 to 12, 2015

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