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Armenian Dram Strengthened By 0.2 Percent In January

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  • Armenian Dram Strengthened By 0.2 Percent In January

    ARMENIAN DRAM STRENGTHENED BY 0.2 PERCENT IN JANUARY

    Panorama.am
    19:58 13/02/2007

    The consumption market reported 2.4% rise in January, 2007 against
    December, 2006. According to national statistics services, consumption
    inflation was accompanied by the strengthening of the Armenian dram
    against American dollar by 0.2 percent.

    The exchange rate of the Armenian dram as of January, 2007 was
    363.94 for 1 USD which is lower by 19.4 percent against January, 2006
    (451.74 drams).
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