YEREVAN. – US Dollar’s exchange rate against the Armenian Dram (AMD) surpassed the AMD 388 psychological limit, at NASDAQ OMX Armenia stock exchange on Wednesday.

As a result of trading, one dollar’s average exchange rate constituted AMD 388.22, which is a 0.07-percent increase from Tuesday. 

In general, $2.9 million were sold at the stock exchange on Wednesday.

At Armenia’s cash foreign currency market, the exchange offices purchase one dollar at AMD 386-387, and primarily sell at AMD 389.