YEREVAN. – The buying exchange rates of the American dollar (USD) and the euro against the Armenian dram (AMD) have risen to some extent in the banks that are operating in Armenia.
Accordingly, USD 1 was purchased at a maximum high of AMD 479, as of Tuesday at 11:20am.
The banks in Armenia bought the US currency at AMD 477-479/$1, Rate.am reported, and sold it at AMD 467-473/$1.
The euro was bought at AMD 557.50-572/€1 and sold at AMD 582-597.50/€1.
The dollar and euro exchange rates had reached record highs in Armenia on December 17, and even though they have dropped ever since the same evening, their exchange rates were rising again in recent days.
