Tuesday, May 29 2012 18:02

Real effective currency rate down 1,6% and nominal effective rate - 2,7% for 1Q 2012


Arminfo. The real effective currency rate dropped by 1,6% for the 1Q 2012, and by 1% for March and amounted to 129,6, Armenian Central Bank reported.

In March 2012 versus March 2011 real effective rate dropped by 2,8%. To recall, growing of this indicator in 2011 was fixed in January, September and December, and it fell from February to August as well as in October and November.

At the same time, the nominal effective rate dropped by 2,7% for the 1Q 2012, and by 2% versus February and amounted to 215,7. In March 2012 versus March 2011 nominal effective rate dropped by 1,2%. Dropping of nominal effective rate in 2011 was fixed from January to April as well as in October and November, and growth - in May, June, July, August, September and December.
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