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USD Cost 372.49 At Close Of Business On Armenian Stock Exchange

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  • USD Cost 372.49 At Close Of Business On Armenian Stock Exchange

    USD COST 372.49 AT CLOSE OF BUSINESS ON ARMENIAN STOCK EXCHANGE

    PanARMENIAN.Net
    03.03.2009 20:10 GMT+04:00

    /PanARMENIAN.Net/ Purchase and sale volume at NASDAQ OMX totaled USD
    3,420,000 (AMD 372.11 per 1 USD). 1 US dollar price at the close
    of business on the Armenian Stock Exchange amounted AMD 372.49,
    CBA official web site reported.

    Yesterday the dram-to-dollar exchange rate was fixed at AMD 305-310
    to1USD and AMD 387 to 1 EURO.

    The upsurge followed CB President Arthur Javadian's statement on
    cessation of control over the foreign currency market and return to
    floating rate policy.

    According to the Central Bank, the dollar exchange rate will fluctuate
    from AMD 360 to 380 in 2009.
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