Friday, June 28 2013 13:28

Armenian dram revaluates against US dollar 0.7% in May 2013 amid 0,4% year over year devaluation


ArmInfo. The Armenian national dram devaluated against US dollar 1,8% in Jan-June 2013 and in May 2013 revaluated 0,7%, and 0,4% versus Jan-June 2012, the National Statistical Service reported. The exchange rate made up 412,9AMD/US$1 in June 2013 versus 414,6AMD/US$1 in June 2012.

The source reports 0,1% deflation was fixed at the consumer market in June 2013, inflation - 2.7% versus December 2012, and 6,5% versus June 2012.

According to Armenian National Statistics Service, devaluation of Armenian dram to US dollar was 5,9% in 2012, and revaluation - 0,3% in December 2012, while inflation was 3,2% in 2012, and 2,1% in December 2012.
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