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