ArmInfo. The Armenian interbank currency market increased by 59.3% from November 27 to December 1 (after a reduction of 13.2% a week earlier), and during the week large deals were displayed almost daily, except for an empty Monday. At the same time, interest in the buying-selling of USD and EUR increased sharply on the intra-bank foreign exchange market, as a result of which RUR buying became more active with a slowdown in sales. The exchange market is empty for the seventh month.
As a result, the AMD against the USD for the reporting week began to weaken - from 484 to 484.5 AMD/USD1, continuing devaluation to the EUR - from 573 to 577.5 AMD/EUR1 and to the RUR - from 8.2 to 8.3 AMD/RUR1. A year earlier, as of December 1, 2016, the exchange rate of the AMD to the USD was 480.5 AMD/USD1, to the EUR - 510 AMD/EUR1, and to the ruble - 7.6 AMD/RUR1, which in comparison with the current rates for the annual devaluation of the dram it's currencies.
