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Dollar Again Tumbles Down In Armenia

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  • Dollar Again Tumbles Down In Armenia

    DOLLAR AGAIN TUMBLES DOWN IN ARMENIA

    NEWS.AM
    February 06, 2012 | 17:15

    YEREVAN. - The US dollar's exchange rate against the Armenian dram
    (AMD) again started to fall in Armenia's financial market.

    The average USD/AMD exchange rate made AMD 387.42/$1 at NASDAQ OMX
    Armenia stock exchange on Monday. So, the dollar devalued by 0.28
    percent as compared with Friday.

    The sales totaled $950 thousand.

    Armenia's exchange offices purchase US dollar at the maximum rate of
    AMD 387/$1, and sell it at a minimum of AMD 389/$1.


    From: Baghdasarian
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