YEREVAN, November 24. / ARKA /. Armenia’s national currency, the dram, has lost today 16.5 percentage points of its value against the USD as the greenback’s value has hit today the record high 435 drams this year, the Central Bank reported.
According to the regulator, the USD value has risen by 5.8 percent since the beginning of November.
In the meantime the value of euro has risen by 19.38 drams from November 21 to 539.53 drams.
At NASDAQ OMX Armenia stock exchange the greenback traded today at 435 drams, having grown by 4.07% from the previous session.
A total of 113 transactions with USD were effected today at the exchange worth $31.19 million (the equivalent of 13.5 billion drams).
To shore up the dram the Central Bank sold $ 60.7 million in the last three weeks. Overall, it has sold $203.38 million this year at the local forex market and bought $50.15 million.-0-
