YEREVAN. - US Dollar grew by 2.76 points or 0.75 percent on NASDAQ OMX Armenia stock exchange on Friday. The exchange rate made AMD370/$1.

Sales totaled $2.85 million. It was the sharpest fluctuation registered in the market throughout 2011. September depreciation of dram was predictable. The factors that strengthened dram in summer months - harvesting, influx of tourists and the eve of the new school year get gradually neutralized.

At the moment the market mark decline in dollar offer, which makes banks raise the dollar rate.