A slight AMD depreciation has inaugurated the week at the NASDAQ OMX, A total of U.S. $600,000 have been sold at an average exchange rate 358.5 AMD/U.S. $1 today, November 1.

On Oct. 29, at the close of exchange, the average exchange rate was 357.75 AMD/U.S. $1. Last week, the Central Bank of Armenia (CBA) purchased about U.S. $11.5 million at the exchange – twice as much as ordinary injections. However, the CBA failed to prevent further AMD appreciation – down to 360 AMD/U.S. $1.