A total of U.S. $2.7 million were sold at the NASDAQ OMX Armenia January 20 at an average exchange rate of U.S. $1/376.86 AMD. The exchange rate at the close of the trading was 367 AMD/U.S. $1 – 0.4% USD devaluation as compared with January 19.
Sharp exchange fluctuations have lately been usual. A financial expert told NEWS.am that brokers are deliberately causing fluctuations. Balancing exchange rates requires time, five to ten minutes, which is sufficient for speculations.
