  Dram/dollar exchange rate goes up to AMD360/$1 in few hours in ArmeniaMarch 3, 2009 - 12:25 AMT PanARMENIAN.Net - The dram-to-dollar exchange rate has gone up to AMD 360/$1 in few hours today against yesterday's 305 -310 index for sale and purchase respectively. Dram/euro exchange rate reached AMD 440 (against 387). The upsurge followed CB President Arthur Javadian's statement on cessation of control over the foreign currency market and return to floating rate policy. According to the Central Bank, the dollar exchange rate will fluctuate from AMD 360 to 380 in 2009. In the past days, the purchase of U.S. dollar was extremely limited. Some sources say that the Central Bank decreed to suspend all dollar exchange operations.   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 |  Related sections Latest news Erdogan wants “realistic road map” for relations with Armenia  Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia.Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements.Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of ArmeniaHenrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |
