Dollar Holds Steady as Euro Depreciates in Armenia
The US dollar's exchange rate against the Armenian dram remained relatively stable in Armenia on Thursday, according to the Central Bank of Armenia. The exchange rate stood at AMD 364.47 per USD, down by just AMD 0.09 from Wednesday.
However, the euro depreciated against the Armenian dram, with an exchange rate of AMD 424.21 per euro, a decrease of AMD 0.94 from Wednesday's rate. The Russian ruble also lost some value against the dram, trading at AMD 4.26, down by AMD 0.05.
The data suggests that the Armenian dram has maintained its stability against major currencies in recent days, despite fluctuations in global markets.