Armenian Dram Increases By 0.10% Against U.S. Dollar In August

The Armenian dram increased by 0.10% against the U.S. dollar trading at 518.57 drams instead of 519.07 drams from July 30 to August 5. Exchange deals amounting to 52 mln, 229 thousand dollars with an average weighted exchange rate at 517.50 drams were carried out on the currency market of the republic during the same period. According to the data published by the RA Central Bank, during the indicated period the Central Bank released 51-week state bonds of 500 mln drams with an annual yield at 5.2584% and paid off 51-week state bonds of 600 mln drams with an annual yield at 10.7351% and 48-week state bonds of 500 mln drams with an annual yield at 10.5961%. During the indicated period the Central Bank also carried out 1 mln, 450 thousand-dram currency swap (with the duration of 48 days and with an annual yield at 3.51%).