
The volume of interbank money market increased by 2 times from 12 to 16 February, after the 13.1% fall of the previous week.
As a result, the dram strengthened against the dollar from 483.5 to 481.5 drams / $ 1, weakening against the euro from 593 to 604 drams / euros and ruble - from 8.4 to 8.6 drams / RUR 1. On February 16, 2017 the AMD exchange rate against the dollar was 486.5 drams / $ 1, against euro - 517 drams / 1 euro and ruble - 8.5 drams / 1 Ruble, which shows the annual devaluation of AMD against the euro and ruble and its growth against the dollar.
According to the Central Bank of Armenia, on February 12-16, the volume of transactions in the interbank foreign exchange market amounted to $ 11.4 million at 481.80 drams / $ 1 at the weighted average exchange rate (last week 482.87 drams / $ 1), the highest volumes were recorded on Monday and Tuesday - $ 3 million and $ 3.2 million.
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