YEREVAN.- The average US dollar/AMD exchange rate made AMD 407.45/$1 at NASDAQ OMX Armenia stock exchange, Friday.

No trading was conducted at stock exchange on Thursday, while as compared to Wednesday US dollar went up by 0.45% or 1.18 points.

The rate was higher only back in August 2006 when the rate reached AMD 407.51/$1.

The Central Bank of Armenia obviously lacks necessary resources to stop Armenian dram slump. The sales totaled $3.7 million.

The exchange offices have raised the dollar’s purchase exchange rate up to AMD 407 and selling rate to AMD 408.5-410.