{"id":251434,"date":"2024-04-12T18:02:42","date_gmt":"2024-04-12T18:02:42","guid":{"rendered":"https:\/\/armbanks.am\/2024\/04\/12\/251434\/"},"modified":"2024-04-12T18:02:42","modified_gmt":"2024-04-12T18:02:42","slug":"edb-appreciation-of-armenian-dram-limits-demand-for-export-of-most-goods-and-services","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2024\/04\/12\/251434\/","title":{"rendered":"EDB: appreciation of Armenian dram limits demand for export of most goods and services"},"content":{"rendered":"\n<p><strong>YEREVAN, April 12. \/ARKA\/. <\/strong>The appreciation of\u00a0Armenia&#8217;s\u00a0national currency limits the demand for exports of most goods and services, the Eurasian Development Bank (EDB)\u00a0says in its latest macroeconomic review.<\/p>\n\n\n\n<p>&#8220;The Armenian dram strengthened in the first quarter of this year. Compared to the end of 2023, the dram strengthened against the US dollar by 2.8%, against the euro by 5.3% and against the Russian ruble by 5.3% as of the end of March. This was facilitated primarily by the formation of a positive balance of foreign trade in goods in February,&#8221; the&nbsp;review says.<\/p>\n\n\n\n<p>EDB analysts also point out that the strengthening of the exchange rate of the dram during February &#8211; March , among other things, limited the growth of consumer prices.<\/p>\n\n\n\n<p>According to the National Statistical Committee,&nbsp;in March 2024, the average estimated exchange rate of Armenian dram against the US dollar was 400.4 drams, which is 3.1% higher than in March 2023 (388.4 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The appreciation of\u00a0Armenia&#8217;s\u00a0national currency limits the demand for exports of most goods and services, the Eurasian Development Bank (EDB)\u00a0says in its latest macroeconomic review.<\/p>\n","protected":false},"author":1,"featured_media":157232,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12159,9216],"tags":[],"class_list":{"0":"post-251434","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-exchange-market","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/251434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=251434"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/251434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157232"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=251434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=251434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=251434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}