YEREVAN. – The NASDAQ OMX Armenia stock exchange saw no foreign currency trading on Friday, and the reason is the rise in the US national currency’s exchange rate against the Armenian dram (AMD).

The dollar enjoyed an asking rate of AMD 406/$1, but the minimum offer was AMD 406.20/$1. As a result, the US currency has growth trends, and Thursday’s average exchange  rate was AMD 405.13/$1 at NASDAQ OMX Armenia. 

Some exchange offices have raised the American currency’s buying rate all the way to AMD 405/$1, in Armenia’s cash foreign currency market, and the more prevalent selling exchange rate is AMD 408/$1, as compared with AMD 407/$1 of the previous days.