Yerevan/Mediamax/. Record volume of currency trades for 2011, which made USD 13.58mln, was registered at NASDAQ OMX Armenia Stock Exchange today.

During the trade session AMD lost in price in correlation to USD by 0.47 points (0.13%), making 367.79 per 1 USD. In the course of February, AMD depreciated in correlation to USD almost for 4 points or 1.09%.

Commenting on Mediamax’s request on the developments in the currency market of Armenia, Director of “Armenbrok” Investment Company Aram Kayfajyan expressed an opinion that today’s volume of trades is conditioned by the interference of the Central Bank, aiming at deterring strong fluctuation of the currency exchange rate.

“Devaluation expectations are observed in the market, taking into account the growth of demand for USD, which, I believe, is conditioned by macroeconomic factors”, Aram Kayfajyan stated, noting that time will be required for more thorough analysis of the reasons of devaluation tendencies.