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—

spot_img

POPULAR

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

Unibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6%

Unibank has completed the placement of its AMD-denominated bonds ahead of schedule: the issue, with a total volume of AMD 3 billion, was fully placed within just a few days.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

Central Bank of Armenia and IMF Discuss Macroeconomic Situation and Financial System Reforms

A concluding meeting took place at the Central Bank of Armenia with an IMF delegation led by Mark Horton, the IMF mission chief for Armenia.

Unibank Joins the Armenian Solar Energy Association

Unibank has joined the Armenian Solar Energy Association (ASEA), which brings together companies in the renewable energy sector.

LATEST NEWS

spot_imgspot_imgspot_img