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Dollar is “enraged” in Armenia yet again

16:04, 11.06.2012 Region: Armenia Theme: Economics

YEREVAN. – After a relative stability for several days, the US dollar’s exchange rate once again started to rapidly rise in Armenia’s financial market.

Its average exchange rate against the Armenian Dram (AMD) comprised AMD 413.5/$1, at NASDAQ OMX Armenia stock exchange on Monday, and this is a 0.34-percent—or a 1.4-point—growth from the previous trading session.

The stock exchange closed the session at AMD 413.8/$1.

And the total sales were $1.2 million.

The dollar’s buying exchange rate increased up to AMD 412.5/$1, in Armenia’s exchange offices, and its selling starts at AMD 414/$1.

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