Armenian dram 0.5% stronger Versus US dollar in October

Exchange market

YEREVAN, November 2. /ARKA/. Exchange rate of Armenian dram versus US dollar dropped by 0.5% in October against September, along with a 1.2% rise in consumer prices, Armenian National Statistical Service reports.

A 3.4% rise in consumer prices went together with an 8% increase in the exchange rate as compared in October 2012 to October the year before.

Average exchange rate was 406.69drams per US dollar in October.–0–

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