May 22, 2012 - 17:05 AMT
Expert links AMD devaluation with euro slump

The market average rate of USD overstepped the “psychological bounds” to totaled AMD 401,07, increasing by 2.28 points compared to May 21.

Forexs experts explain this by euro slump. In view of eurozone instability, euro dropped by about 700-800 percentage points. This, in turn, couldn’t but affect AMD exchange rate, resulting in its gradual devaluation for the past two weeks.