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Dollar could not “climb” much in Armenia

16:21, 15.06.2012 Region: Armenia Theme: Economics

YEREVAN. – The US dollar’s average exchange rate against the Armenian Dram (AMD) comprised AMD 414.82/$1, at NASDAQ OMX Armenia stock exchange on Friday, and this is a 0.09-percent—or a 0.36-point— increase from the previous trading session on Thursday.

Friday’s trading started at AMD 414/$1 and closed at AMD 415.25/$1.   

And the total sales were $3.15 million.

The dollar’s buying exchange rate climbed up to AMD 414.5/$1, in Armenia’s cash foreign currency market, but the majority of the banks prefer the AMD 414/$1 rate. And the US currency is sold at AMD 416-417/$1.

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