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USD market average rate totals AMD 407,66 Oct. 12

USD market average rate totals AMD 407,66 Oct. 12

PanARMENIAN.Net - The market average rate of USD on October 12 totaled AMD 407,66 increasing by 0.99 point compared to October 11.

Euro exchange rate totaled AMD 528,69, increasing by 4.74 points, and the exchange rate of the Russian ruble increased by 0.09 point to total AMD 13,15.

No currency deals were concluded at NASDAQ OMX Armenia on October 12, CBA press service reported

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Annual deflation in the country was at 1.9% in August, compared to 1.3% deflation in July, according to central bank data.
Armenia has been listed in the top 20 among the world’s most economically free countries, raking the 18th out of 159 countries and territories.
Another of the issues the PM weighed in on was corruption. He said that new committees will be established to tackle the issue.
The foreign debt makes up around $4.5 billion, including the government’s $3.99 billion and the Central Bank’s $502.4 million debts.
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