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Economic 19:5719 Jan, 2021

The Armenian dram has somewhat regained its position

The dram exchange rate continues to fluctuate significantly after the war, amid economic hardship.
After several months of devaluation against major currencies, the Armenian dram has somewhat regained its position in recent days.
 
If a few days ago the dollar was valued at 527 drams in exchange offices, now that figure has decreased by about 10 points.
 
The same dynamics is observed in the case of the Russian ruble and the euro. The foreign exchange market regulator, the Central Bank, operates from time to time to ensure stability.
Author:Artur Khachatryan
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