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Armenian dram climbs 2.9% against dollar in June as consumer prices drop 0.8%

YEREVAN, July 2. /ARKA/. Prices in Armenian consumer market went 0.8% down as Armenian national currency strengthened 2.9% against the US dollar at the country’s forex in June, compared with May, National Statistical Service of Armenia reports.
  
In June 2010 compared with December 2009, consumer prices rose 4.5%, and the dram revaluated 1.7% against the dollar.

Consumer prices climbed 5.2% and the dram plunged 19.1% against the dollar in Jane, compared with the same month a year earlier.

One dollar traded at 374.02 drams in June 2010 – 2% higher than in June 2009. ($1 = AMD 367.5).-0—

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