EUROPEAN CURRENCY SURGES 10.7 POINTS AGAINST ARMENIAN DRAM
ARKA
Sep 22, 2008
YEREVAN, September 22. /ARKA/. Euro leapt 10.7 points against Armenian
national currency on Monday to AMD 441.04 for â~B¬1.
Such a soar reflects the current situation on world foreign exchange
markets.
In particular, euro value grew to 36.785 Russian rubles MICEX, Moscow
Interbank Currency Exchange on Monday hitting the record high from
early September.
In Armenia, euro value hit the record high as well, excluding September
1, when one euro cost AMD 442.9.
Analysts at ARKA News Agency point out constant devaluation of
U.S. currency against euro on world currency exchanges.
One euro reached $1.46 on world markets later that day. The same
happened also on Armenian foreign exchange (on average market exchange
rate through Armenian dram).
Unlike euro, Armenian national currency was relatively stable against
the dollar in September. ($1=AMD 302.64, EUR1=441.04).
–Boundary_(ID_dphL7ziaYRwoV4pT2fMM Hw)–