YEREVAN. – The NASDAQ OMX Armenia stock exchange saw no foreign currency trading on Tuesday, and the reason was the US dollar’s extremely high offer exchange rate against the Armenian dram (AMD).

The dollar was offered at AMD 394/$1, but the maximum demand was AMD 393.25/$1. 

By and large, the dollar’s selling rate increased, at Armenia’s cash foreign currency market, and reached all the way to AMD 394/$1. And the exchange offices buy the dollar at a maximum of AMD 392/$1.