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“Armenian Exchange Rates Fall: US Dollar Drops to 405.49 Drams, Euro and Ruble Also Suffer Declines”

Today, on January 17, the exchange rate of the US dollar in Armenia is 405.49 drams, which has decreased by 0.12 drams compared to the previous day, according to the official website of the Central Bank.

The euro exchange rate stands at 440.89 drams, showing a decrease of 0.54 drams, while the British pound exchange rate is 514.12 drams, increased by 1.79 drams. Similarly, the Russian ruble exchange rate is 4.58 drams, which has decreased by 0.04 drams.

At Armenian banks, the dollar is currently being bought at 401-404 drams and sold at 408-409 drams. Meanwhile, the euro is being bought at 432-438 drams and sold at 445-449 drams. Lastly, the ruble is being bought at 4.30-4.56 drams and sold at 4.63-4.85 drams.

Specifically, the exchange rates are as follows: the dollar is being bought at 404 drams and sold at 408 drams, the euro is being bought at 439-440 drams and sold at 446 drams, and the ruble is being bought at 4.50-4.53 drams and sold at 4.63-4.65 drams.

This news update is brought to you by NEWS.am, providing the latest news from Armenia.

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