Currency auction volume grows by 75.6% to $277.4mln on NASDAQ OMX Armenia stock exchange in February
11.03.2009,
01:32
Total volume of currency auctions was $277.4mln or equivalent of 84.6bln Drams on the NASDAQ OMX Armenia stock exchange in February this year.
YEREVAN, March 10. /ARKA/. Total volume of currency auctions was $277.4mln or equivalent of 84.6bln Drams on the NASDAQ OMX Armenia stock exchange in February this year.
According to the analysis made by ARKA agency based on the information of NASDAQ OMX Armenia, this is an increase of 75.6% (i.e. $119.4mln or 36.4bln Drams) against the volume recorded in January. Total number of transactions grew by 310 up to 1,022 transactions in February against January.
In February this year average weighted exchange rate of the American currency was 305Drams for $1.
The highest transaction volume at NASDAQ OMX Armenia was recorded on February 20 - $26mln and the lowest on February 11 - $2.3mln.
Over the reporting period, no transaction in Euros was recorded on NASDAQ OMX Armenia.
NASDAQ OMX Armenia (Armenian Stock Exchange till January 27 2009) open joint stock company was founded as a self-regulating organization in 2001 embracing 21 dealer organizations. On November 9 the stock exchange was reorganized to an open joint stock company. OMX (NASDAQ OMX now) has been the 100% owner of NASDAQ OMX Armenia and the Central Depository since January 7 2008.
The Central Bank of Armenia issued a license for auctions on purchase/sale of currency to
NASDAQ OMX Armenia on November 7 2005.
On March 6 2009, average market exchange rates were as follow: $1=360.67Drams, 1 Euro=457Drams. –0--
According to the analysis made by ARKA agency based on the information of NASDAQ OMX Armenia, this is an increase of 75.6% (i.e. $119.4mln or 36.4bln Drams) against the volume recorded in January. Total number of transactions grew by 310 up to 1,022 transactions in February against January.
In February this year average weighted exchange rate of the American currency was 305Drams for $1.
The highest transaction volume at NASDAQ OMX Armenia was recorded on February 20 - $26mln and the lowest on February 11 - $2.3mln.
Over the reporting period, no transaction in Euros was recorded on NASDAQ OMX Armenia.
NASDAQ OMX Armenia (Armenian Stock Exchange till January 27 2009) open joint stock company was founded as a self-regulating organization in 2001 embracing 21 dealer organizations. On November 9 the stock exchange was reorganized to an open joint stock company. OMX (NASDAQ OMX now) has been the 100% owner of NASDAQ OMX Armenia and the Central Depository since January 7 2008.
The Central Bank of Armenia issued a license for auctions on purchase/sale of currency to
NASDAQ OMX Armenia on November 7 2005.
On March 6 2009, average market exchange rates were as follow: $1=360.67Drams, 1 Euro=457Drams. –0--
