Armenia’s Dram Revalues By 0,8% For January

ARMENIA’S DRAM REVALUES BY 0,8% FOR JANUARY

Aysor.am
01.02.2010, 16:53

The 1,7% growth of prices for January 2010 in comparison with December
2009 was marked with the synchronous AMD decline.

According to report issued today by the National Center for Statistics,
similar trends were registers for last year’s same period.

Prices increased by 1,2%, while AMD declined by 0,8% against the U.S.

dollar.

In January AMD exchange rated 377,59 against the U.S. dollar, which
marks increase by 23,6% in comparison with January 2009 (AMD 305,50 =
1 Dollar).

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2010/02/02/armenias-dram-revalues-by-08-for-january/

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