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DOLLAR STARTS WEAKENING IN ARMENIA YET AGAIN
news.am
July 23, 2012 | 17:27
YEREVAN. - Following a four-day "inaction," foreign currency trading
finally resumed Monday at NASDAQ OMX Armenia stock exchange.
And the US dollar's average exchange rate, against the Armenian dram
(AMD), immediately dropped all the way to AMD 411/$1. Furthermore,
the American currency was even offered at a lower rate at the end of
the trading session.
And the total sales were $1.9 million at the stock exchange.
The dollar's exchange rate fell sharply in Armenia's cash foreign
currency market, too. The exchange offices have lowered the American
currency's buying exchange rate all the way to AMD 407-408/$1, and
they sell it at AMD 411-412/$1.
The dollar is expected to continue losing ground in Armenia.
news.am
July 23, 2012 | 17:27
YEREVAN. - Following a four-day "inaction," foreign currency trading
finally resumed Monday at NASDAQ OMX Armenia stock exchange.
And the US dollar's average exchange rate, against the Armenian dram
(AMD), immediately dropped all the way to AMD 411/$1. Furthermore,
the American currency was even offered at a lower rate at the end of
the trading session.
And the total sales were $1.9 million at the stock exchange.
The dollar's exchange rate fell sharply in Armenia's cash foreign
currency market, too. The exchange offices have lowered the American
currency's buying exchange rate all the way to AMD 407-408/$1, and
they sell it at AMD 411-412/$1.
The dollar is expected to continue losing ground in Armenia.