Friday, March 29 2013 15:55

AMD devaluation against USD made up 1.8% in March 2013 and 6.5% versus March 2012


ArmInfo. AMD devaluation against USD made up 2.2% in Jan-Mar 2013, 1.8% in March 2013 and 6.5% against March 2012. The National Statistical Service of Armenia told ArmInfo that in March 2013 the average exchange rate totaled 414.3 AMD/$1 against 389.1 AMD/$1 in March 2012.

The source says that 1.8% inflation was fixed in the consumer market in March 2013, 2.9% inflation versus December 2012, 3.4% inflation versus March 2012. To recall, in Jan-Mar 2012 1.5% AMD devaluation against USD was fixed amid 2.7% inflation. In March 2012 0.1% AMD devaluation against USD was fixed amid 0.1% inflation against 2.2% AMD devaluation against USD amid 5.2% inflation in Jan-Mar 2011 (in March 2011 inflation made up 0.8% and AMD devaluation against USD made up 0.9%).

According to the National Statistical Service of Armenia, in 2012 the AMD devaluation against USD made up 5.9%, and in December alone - 0.3% revaluation among 3.2% inflation in 2012 (2.1% inflation in December alone).
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