December 18, 2014 - 13:13 AMT
Armenian dram getting stronger against U.S. dollar

The Armenian dram got stronger against the U.S. dollar for the first time in 3 weeks, with the purchase exchange rate ranging from the lowest of AMD 450 to highest of AMD 520 to $1.

The sell rate varied from the lowest of AMD 510 to the highest of AMD 550 to $1 as of the morning of December 18. The average purchase and sell rates amounted to AMD 494 and AMD 529,95 to $1, growing by 8.39 and 2.84 points against December 17.

According to Rate.am, the purchase rate of Russian rouble against dram ranged from AMD 7 to 8,40 with the sell rate varying from AMD 8,65 to 10,19.

The exchange rate of Euro ranged from AMD 643 to 710 (sale) and AMD 550 to 640 (purchase), dropping by 10.85 13.10 points against December 17.