RPA rep. links AMD exchange rate drop to economic development

RPA rep. links AMD exchange rate drop to economic development
June 4, 2012 - 14:51 AMT

PanARMENIAN.Net - MP from the ruling Republican Party of Armenia (RPA) commented on recent drop of AMD to USD exchange rate.

Gagik Minasyan conditioned this by development of U.S. economic development.

“Fall in exchange rates of euro and national currencies of CIS countries to dollar has also been recorded recently,” the MP said.

Rapid drop of AMD rate is currently observed, with market average rate of USD totaling AMD 406.36.

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