Friday, January 10 2020 13:33
Karina Melikyan

Annual revaluation drama in December 2019 made up 1.3% with inflation  at 0.7%

Annual revaluation drama in December 2019 made up 1.3% with inflation  at 0.7%

ArmInfo. Inflation of needy Armenians in January-December 2019 at 0.7% with revaluation drama at 1.3%, at the time when it was hit by a 1.8% decline in demand 0.3%.

According to the Statutory Committee of the RA, in December 2019 the  inflation rate was 1.3% with a dram devaluation of 0.2%. In December  2019 the average exchange rate was 478.2 yen / $ 1, against 484.7 yen  / $ 1 in December 2018.

I reckon that on the rally day of the Armenian short medium drama on  December 27, 2019 it made 479.3 dram / $ 1 at midnight, against 484  dr / $ 1 on December 28, 2018.