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    Categories: News

RA Dram Continues To Appreciate

RA DRAM CONTINUES TO APPRECIATE

Noyan Tapan
Jul 3 2006

YEREVAN, JULY 3, NOYAN TAPAN. A 4.3% growth in consumer prices
was registered in 2006 June compared with 2005 December and RA dram
appreciated by 6.4% against USD. According to the data of RA National
Statistical Service, a similar tendency was registered in the same
period of the previous year: a 1.4% growth in prices for consumer
goods was accompanied by a 7.7% appreciation of RA dram against USD.

A 1.2% fall in prices was registered on the country’s consumer market
and a 4.4% appreciation of RA dram against USD was registered in
2006 June compared with May. In 2006 June the average exchange rate
of RA dram against USD made 420.47 drams, which is higher by 6.3%
than the respective index of June of previous year (448.95 drams).

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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