Dram accelerated the rate of devaluation to the euro, continuing to slowly strengthen against the dollar

ArmInfo. The currency  interbank of Armenia from January 22 to 26 of this year. compared  with the previous week fell by only 0.5%, after a decline of 44.3% a  week earlier. Moreover, during the week deals were made daily, but  large volumes at the foreign currency interbank market were "lit up"  on Tuesday and Thursday.

At the same time, players on the intra-bank  foreign exchange market activated the sale of dollars and euros,  reducing interest in buying these currencies, at the same time  actively buying rubles, tuned passively to their sale. The exchange  currency market, after a silence in 2017 for seven months, continues  to be empty and in January 2018. As a result, the dram against the  dollar continued to strengthen - from 481.5 to 480.5 dr / $ 1,  accelerating devaluation to the euro - from 590 to 599.5 dr / 1evro,  and again becoming weaker to the ruble - from 8.5 to 8, 6 other /  1rub. A year earlier, on January 26, 2017, the exchange rate of the  dram to the dollar was 486.5 dr / $ 1, to the euro - 523 dr / 1evro,  and to the ruble - 8.2 dr / 1 ruble, which, in comparison with the  current rates, indicates the annual devaluation of the dram to euro  and ruble at revaluation to the dollar.