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Dollar continues downward trend in Armenia’s stock exchange

16:13, 08.06.2012 Region: Armenia Theme: Economics

YEREVAN. – The US dollar’s exchange rate against the Armenian dram (AMD) continued dropping Friday at NASDAQ OMX Armenia stock exchange.  

As a result of trading, the dollar’s average exchange rate comprised AMD 412.10/$1, and this is a 0.21-percent—or a 0.85-point—reduction from the previous trading session on Thursday.

The stock exchange opened the day’s session at AMD 412/$1, but, subsequently, the dollar began gaining ground. 

And the total sales were $1.88 million.

The exchange offices sell the US currency at AMD 413/$1 and buy it at the AMD 408-411/$1 range.

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