Armenian dram trading at 510 to U.S. dollarNovember 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 | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |