Dollar shows signs of stabilizing in Armenia

February 05, 2013 | News.am

Following a one-week fall, the exchange rate of the American national currency ultimately stabilized at the AMD 405-406/$1 range at Armenia’s financial market.

But dollar trading was not conducted Tuesday at NASDAQ OMX Armenia stock exchange. Even though the asking price for the US national currency was AMD 405/$1, its selling offer price was AMD 406/$1.

And just like on Monday, the dollar’s buying and selling exchange rates fluctuate between the AMD 404-407/$1 range, respectively, at the cash foreign currency market of Armenia.