Thursday, April 7 2011 12:23

Real effective exchange rate up 14% by February 2011


ArmInfo. The real effective exchange rate in Armenia down by 0,2% for January of the current year and up 14% as against January 2010, having amounted to 138.6 points (1997 - 100 points). As the annual guide book of Armenian Central Bank says, in 2010 falling was fixed only in March and July, whereas over the entire 2009 falling of this indicator was fixed from March to November and raising - in January, February and December.

At the same time, the nominal effective exchange rate reduced in January 2011 by 5,1%, and raised by 13,4% as against January 2010, having reached 227.7 points (1997 - 100 points). In 2010 falling of the nominal effective exchange rate was fixed only in March, July and August, whereas in 2009 - from March to December.
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