YEREVAN, December 20. /ARKA/. US dollar versus Armenian dram average market exchange rate in Armenia’s forex market fell by 8.82 points to 455.75 drams per $1 on Saturday December 20, compared to the day before, the press office of the Central Bank of Armenia reported.
At the same time, the stock exchange rate of USD rose by 1.69% to 449.90 drams per $1 in Armenia on December 20.
Sharp depreciation of the national currency in Armenia started on November 24, when the dollar rate jumped by 16.6 points to 435 drams per $1. On December 17 the rate hit the ten-year high – 527.20 drams per $1. Starting from December 18, the Armenian dram began stabilizing following the central bank’s and the government’s measures. –0–
