DOLLAR CONTINUES “CLIMBING” IN ARMENIA
news.am
July 03, 2012 | 16:33
YEREVAN. – The US dollar’s average exchange rate against the Armenian
Dram (AMD) comprised AMD 419.08/$1, at NASDAQ OMX Armenia stock
exchange on Tuesday, as compared with Monday’s AMD 419/$1.
The trading session commenced at AMD 419.25/$1, but afterwards the
US currency retreated all the way to AMD 419/$1.
The total sales were $1.65 million.
And there are no substantial exchange rate changes in Armenia’s cash
foreign currency market. On the contrary, the exchange offices are
more inclined to devalue the dollar. Specifically, the US currency
is primarily bought at AMD 417.5/$1 on Tuesday, as compared with
Monday’s AMD 418/$1. And the dollar can be purchased at AMD 420 or
421/$1. But some exchange offices even sell it at AMD 419.5/$1.
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