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Armenian dram falls 21% against us dollar in 2014 and 2015

25.02.2016 16:04

Armenian dram falls 21% against us dollar in 2014 and 2015

YEREVAN, February 25. /ARKA/. The Armenian dram fell 21% against the US dollar over the last two years, economist Karlen Khachatryan, the head of the All-Armenian Youth Movement NGO, told journalists on Wednesday.

It means that Armenian national currency was more stable than other countries on post-Soviet space.

Khacharyan said that Russian, Kazakh and Belarusian national currencies lost half of their values, and Ukrainian hryvna faced 200% devaluation against the dollar.

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