Liquidity shortfall in the Armenian dram (AMD) and potential liquidity concerns for non-G20 currencies

30.11.2023

Clearstream Banking informs clients of the current situation affecting transactions involving the Armenian dram (AMD) and reminds clients on the potential liquidity concerns for non-G20 currencies.

Current situation

Due to unforeseen market conditions, there is a temporary liquidity shortfall in the AMD. This impacts Clearstream Banking's ability to promptly execute some AMD transactions.

Reminder on non-G20 currencies

Clients are reminded that liquidity can be affected in non-G20 currencies. Clearstream Banking encourages planning and flexibility when dealing with such currencies.

Impact on clients

Some trades may experience delays. Clearstream Banking is actively monitoring the situation and taking steps to mitigate these delays.

Clearstream Banking's commitment

Clearstream Banking recognises the importance of timely transactions.

Our teams are working diligently to resolve this issue.

Clearstream Banking is committed to keeping clients informed of any developments.

Further information

If you have any concerns or need assistance, please contact Clearstream Banking Client Services.

We apologise for any inconvenience caused.