The AMD continues to slowly weaken against the USD, while holding positions to the EUR

ArmInfo. The currency interbank of Armenia increased its volume by 52.4% from October 16 to 20, after a sharp decline in 2 times a week earlier. In parallel with this, the dollar and euro transactions significantly intensified on the intra-bank foreign exchange market, along with the ruble buying out of the downward trend to the ascending one with the reverse dynamics of sales of this currency. The exchange currency market continues to be empty.

As a result, the dram against the dollar continued to slowly weaken from 480.8 to 481.8 AMD/USD1, keeping against the EUR at the level of 570 AMD/EUR1, while the RUR tune to devaluation - from 8.3 to 8.4 AMD/RUR1. A year earlier, on October 20, 2016, the exchange rate of the dram to the dollar was 475.5, to the euro - 521, and to the ruble, which, in comparison with the current rates, indicates the annual devaluation of the dram to these currencies.