  Armenian dram trading at 510 to U.S. dollar November 24, 2020 - 15:39 AMT PanARMENIAN.Net - The Armenian dram is currently 510 against the U.S. dollar, down from 485.3 at the beginning of the war in Nagorno-Karabakh. As of Tuesday, November 24, the dram is trading at 510 to the U.S. dollar for purchase and 518 for sale. The Central Bank said announced that it will carry out operations in the Armenian foreign exchange market. The institution said it continues monitoring the financial markets and, if necessary, will use all the tools available in its toolkit to ensure financial and price stability.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Biden honors resilience of Armenian people on April 24  U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan.Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says.Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |
