YEREVAN. - The American national currency (USD) exchange rate against the Armenian dram (AMD) has started falling.
As of Thursday at 11am, USD 1 was purchased at a maximum high of AMD 520.
The banks in Armenia bought the US currency at AMD 450-520/$1, Rate.am reported, and they sold it at AMD 510-550/$1.
The euro likewise has begun loosing ground in Armenia. Accordingly, the country’s banks bought it at AMD 550-640/€1 and sold it at AMD 643-710/€1.