DOLLAR HITS NEW RECORD AT ARMENIA’S STOCK EXCHANGE

news.am
June 19, 2012 | 16:02

YEREVAN. – The US dollar’s average exchange rate against the Armenian
Dram (AMD) comprised AMD 416.76/$1, at NASDAQ OMX Armenia stock
exchange on Tuesday, and this is the first time this year that the
US currency’s average exchange rate exceeded the AMD 416/$1 level at
the stock exchange.

The total sales were $3.1 million.

And some banks have set the dollar’s buying exchange rate at AMD
416/$1 and it is primarily sold at AMD 418/$1.