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Armenian Currency More Inclined To Strengthen

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  • Armenian Currency More Inclined To Strengthen

    ARMENIAN CURRENCY MORE INCLINED TO STRENGTHEN

    news.am
    April 26, 2012 | 16:45

    YEREVAN. - Considerable exchange rate fluctuations are not recorded so
    far this week at NASDAQ OMX Armenia stock exchange, and the Armenian
    dram (AMD) is more inclined to gain value.

    The US dollar's average exchange rate against the dram comprised AMD
    392.50/$1 at the stock exchange on Thursday; this is a 0.03-percent-or
    a 0.11-point-drop from the previous trading session on Wednesday.

    The total sales were $2.45 million.

    At Armenia's cash foreign currency market, the dollar's exchange rate
    stabilized at the AMD 391-393/$1 range.

    A transaction of shares was likewise conducted at the stock exchange
    on Thursday.

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