YEREVAN, November 1. /ARKA/.  The AMD was temporarily impacted by the September 19 attack on Nagorno-Karabakh, the subsequent refugee crisis, and general uncertainty, ), according to  the World Bank's  'Armenia Monthly Economic Update – October 2023.' 

It says the AMD/USD exchange rate had depreciated 11 percent by October 4 before starting to appreciate again supported by central bank intervention.

In mid-October, the exchange rate stood at around AMD 400/USD, just 0.6 percent stronger (yoy).

In September, international reserves decreased by USD 252 million, to about USD 4 billion, equivalent to 3.3 months of import cover. -0-