Armenian Central Bank: Real effective exchange rate grown by 5,2% in
January 2009

2009-03-09 11:30:00

ArmInfo. The real effective exchange rate in Armenia has grown by 5,2%
in January 2009 up to 157.7, monthly guide of Armenian Central Bank
says.

At the same time in January 2009 if compared with January 2008 the real
effective rate grew by 14,2%. To recall, over 2008 falling of this
indicator was fixed in February, March, April, June, July and December.

The nominal effective exchange rate in January 2009 if compared with
December 2008 grew by 4,6% up to 277.8, and if compared with January
2008 – by 17,1%. Falling of the nominal effective rate in 2008 was
fixed in February, March, April, June and December.