YEREVAN. - The American national currency (USD) exchange rate against the Armenian dram (AMD) continues to rise.
As of Tuesday at 10:15am, USD 1 is purchased at a maximum high of AMD 505.
At present, the banks in Armenia buy the US currency at AMD 495-505/$1, Rate.am reported, and they sell it at AMD 500-515/$1.
Separately, the euro is bought at AMD 600-628/€1 and sold at AMD 632-655/€1.