Armenian dram real effective exchange rate fell 0.78% in October

10.12.2013 18:31
Armenian dram real effective exchange rate fell 0.78% in October

YEREVAN, December 10. /ARKA/. Real effective dram versus foreign currency exchange rate dropped by 0.78% in October against September, says the Central Bank of Armenia monthly information handbook for October 2013.

At the same time, dram revaluation was 7% in October 2013 against October 2012.

Nominal effective exchange rate of Armenian dram against foreign currencies dropped by 0.68% in October compared to the month before and rose by 4% compared to October 2012. ($1=406.80drams). –0—


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