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US dollar and euro fall in Armenia's currency market

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The US dollar and euro saw a decline in their exchange rates against the Armenian dram on Monday. According to the Central Bank of Armenia, the dollar fell by AMD 0.74 to reach AMD 361.81 per dollar. The euro also depreciated by AMD 1.99, settling at AMD 405.3 per euro. Additionally, the Russian ruble experienced a slight drop, trading at AMD 4.26, down by AMD 0.07 from the previous day.

These changes reflect shifts in the currency market within Armenia, although the article does not provide specific reasons for the depreciation. The Central Bank of Armenia’s official website was the source of this information, ensuring the accuracy of the reported exchange rates.

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