Wednesday, May 16 2012 17:51

Real effective foreign currency exchange rate down 3% for February 2012


Arminfo. The real effective foreign currency exchange rate down 3% for February 2012 versus January, and by 0,3% versus December 2011, having amounted 131.3, Armenian Central Bank reported.

The real effective rate for February 2012 versus February 2011 was 4,5%. To recall, in 2011 growth of this index was fixed in January, September and December.

At the same time, the nominal effective rate on Feb 2012 versus January reduced by 2%, and by 2,4% versus December 2011, having amounted 216,2. The nominal effective rate for Feb 2012 versus Feb 2011 reduced by 3,7%. Dropping of the nominal effective rate in 2011 was fixed in January, February, March, April, October and November, and growth - in May, June, July, August, September and December.

Dropping of the real as well as nominal effective rates of foreign currency was fixed in February 2012. In January the real effective rate grew while the nominal effective rate dropped.
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