Armenian Dram Holds Firm Against US Dollar, Euro Depreciates

The US dollar's exchange rate against the Armenian dram (AMD) remained unchanged in Armenia on Monday, according to the Central Bank of Armenia. The official website reported that the USD/AMD rate was AMD 363.28/$1, identical to the previous business day. In contrast, the euro depreciated against the dram, with one euro valued at AMD 419.23 (down by AMD 1.88). Meanwhile, the Russian ruble's exchange rate remained unchanged at AMD 4.29.