Armenian dram trading at 510 to U.S. dollarNovember 24, 2020 - 15:39 AMT PanARMENIAN.Net - The Armenian dram is currently 510 against the U.S. dollar, down from 485.3 at the beginning of the war in Nagorno-Karabakh. As of Tuesday, November 24, the dram is trading at 510 to the U.S. dollar for purchase and 518 for sale. The Central Bank said announced that it will carry out operations in the Armenian foreign exchange market. The institution said it continues monitoring the financial markets and, if necessary, will use all the tools available in its toolkit to ensure financial and price stability. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |