Armenian dram getting stronger against U.S. dollarDecember 18, 2014 - 13:13 AMT PanARMENIAN.Net - The Armenian dram got stronger against the U.S. dollar for the first time in 3 weeks, with the purchase exchange rate ranging from the lowest of AMD 450 to highest of AMD 520 to $1. The sell rate varied from the lowest of AMD 510 to the highest of AMD 550 to $1 as of the morning of December 18. The average purchase and sell rates amounted to AMD 494 and AMD 529,95 to $1, growing by 8.39 and 2.84 points against December 17. According to Rate.am, the purchase rate of Russian rouble against dram ranged from AMD 7 to 8,40 with the sell rate varying from AMD 8,65 to 10,19. The exchange rate of Euro ranged from AMD 643 to 710 (sale) and AMD 550 to 640 (purchase), dropping by 10.85 13.10 points against December 17. 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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |