DOLLAR CONTINUES TO GROW WEAKER IN ARMENIA
news.am
July 26, 2012 | 16:33
YEREVAN. – The US dollar is still losing ground in Armenia’s financial
market.
The American currency’s average exchange rate, against the Armenian
dram (AMD), comprised AMD 407/$1, at NASDAQ OMX Armenia stock exchange
on Thursday, and this is a 0.19-percent-or a 0.79-point-fall from
the previous trading session on Wednesday.
In addition, the dollar was even offered for a lower exchange rate
at the end of the trading day.
And the total sales were $3.75 million at the stock exchange.
In Armenia’s cash foreign currency market, the exchange offices sell
the US currency at AMD 407.5/$1, and the dollar’s buying rate has
dropped all the way to AMD 404-405/$1.
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/2012/07/27/dollar-continues-to-grow-weaker-in-armenia/
