Dollar, Euro Exchange Rates Decline Against Armenian Dram

The Central Bank of Armenia reported on September 2 that the exchange rates for the US dollar and euro against the Armenian dram continued to decline. The USD-AMD exchange rate was recorded at AMD 364.14, down by AMD 0.21 from Tuesday's figure. Meanwhile, the EUR-AMD rate dropped to AMD 421.38, a decrease of AMD 0.80 compared to the previous day.

The Central Bank also noted that the Russian ruble exchange rate against the dram was at AMD 4.19, down by just AMD 0.01 from Tuesday's figure. These changes reflect fluctuations in global currency markets and may be influenced by various economic factors, including interest rates and trade balances.