Thu, 5 February
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Yerevan
USD: 378.01 RUB: 4.94 EUR: 445.56 GEL: 140.45 GBP: 513.64

Armenian dram devalues by 1.4% against USD in May

YEREVAN, June 1. /ARKA/. The Armenian national currency, dram, depreciated against the U.S. dollar by 1.4% in May from April at total 1.3-percent tumble in consumer prices, according to the data compiled by the National Statistical Service of Armenia.

Also consumer prices rose by 0.5% as the exchange rate increased by 6.2% in May from the same month in 2011.
In May an average exchange rate was 397.51 drams per $1. –0—

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