Wednesday, July 18 2012 19:46
In Apr 2012 real effective exchange rate dropped by 1.5%, while nominal effective rate by 0.6%
ArmInfo. In Apr 2012 the real effective exchange rate dropped by 1.5% to 127.5.
According to the Central Bank of Armenia, as compared with Apr 2011 the rate dropped by 0.5%.
In Apr 2012 the nominal effective exchange rate dropped by 0.6% to 214.3, while compared with Apr 2011, it grew by 1.3%.
In 2012 the real effective exchange rate grew in Jan and declined in Feb, Mar and Apr, while the nominal effective exchange rate was on the decline throughout Jan-Apr 2012.
