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Dollar “ascent” not stopping in Armenia

Monday, October 23
The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 481.50/$1 in Armenia on Wednesday; this is up by AMD 0.11 from Tuesday, informed the press service of the Central Bank of Armenia.

The exchange rate for one euro was AMD 565.52 (down by AMD 0.45), that of one British pound was AMD 633.85 (down by AMD 4.04), and the rate of one Russian ruble was AMD 8.39 (down by AMD 0.01) in the country.

In addition, one gram of silver, gold and platinum amounted to AMD 264.87, AMD 19,888.68 and AMD 14,365.98, respectively.

The NASDAQ OMX Armenia stock exchange, however, saw no USD trading on Wednesday.