YEREVAN. – Following a three-day “upsurge,” the exchange rate of the American national currency finally stabilized at the financial market of Armenia.  

The dollar’s average exchange rate, against the Armenian dram (AMD), comprised AMD 409/$1 at NASDAQ OMX Armenia stock exchange on Friday; the exchange rate was the same on Thursday, too. It is possible that the Central Bank has intervened in the exchange rate and carried out a foreign currency exchange intervention.

Friday’s sales totaled close to $6.6 million at the stock exchange.

The buying and selling exchange rates of the US national currency are primarily at the AMD 408-411/$1 range, respectively, at the cash foreign currency market of Armenia.