YEREVAN. - The sharpest depreciation of the Armenian dram over the past two years has been registered on NASDAQ OMX - ARMENIA on Friday.

The average AMD/USD exchange rate was AMD 374.4 per 1 US Dollar.

A total of $8, 250, 000 were sold. The US Dollar exchange rate is most likely to remain at AMD 374 / AMD 375 per 1 US Dollar. The recent decrease in money transfers may also be a factor promoting AMD depreciation. After 3:00 p.m., local time, exchange offices purchased US Dollars at AMD 373  per 1 US Dollar and sold at AMD 375 per 1 US Dollar.