Wednesday, October 1 2014 17:38

In Sept 2014 AMD revaluation against USD made up 0.3%


ArmInfo. The AMD devaluation against USD made up 0.8% in Jan-Sept 2014 and 0.3% in Sept 2014 (0.04% devaluation versus Sept 2013). The Armenian National Statistical Service has told ArmInfo that in Sept 2014 the average AMD/USD exchange rate was 408.36 AMD/$1 versus 408.2 AMD/$1 in Sept 2013.

The source says that in Sept 2014 the consumer market of Armenia saw 0.4% inflation (0.8% deflation versus Dec 2013) and 1.5% inflation versus Sept 2013.

To recall, in 2013 the AMD revaluation against USD made up 0.1%, in December 2013 0.1% devaluation was registered, while inflation in 2013 made up 5.6% (1.1% inflation in December alone). In 2012 the AMD devaluation against USD was 5.9%, and 0.3% revaluation was fixed in December, while inflation in 2012 made up 3.2% (2.1% inflation in December alone).
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