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“US Dollar Exchange Rate in Armenia Hits 388.16 Drams, Euro and Pound Experience Decrease”

According to the Central Bank’s website, the exchange rate of the US dollar in Armenia has reached 388.16 drams, which is a slight increase of 0.10 drams compared to the previous day. The Euro exchange rate stands at 415.99 drams, showing a decrease of 1.14 drams. Similarly, the British pound stands at 490.71 drams, with a decrease of 1.04 drams, while the Russian ruble stands at 4.45 drams, reflecting a decrease of 0.08 drams.

In Armenian banks, the dollar is currently being bought at 383-386 drams and sold at 390-392 drams. The Euro, on the other hand, is being bought at 408-412.5 drams and sold at 420-424 drams. Lastly, the ruble is being bought at 3.90-4.36 drams and sold at 4.52-5.02 drams at these banks.

The exchange rates at a glance are as follows: the dollar is bought at 386 drams and sold at 389.5 drams, the Euro is bought at 416 drams and sold at 420 drams, and the ruble is bought at 4.33 drams and sold at 4.45 drams.

These exchange rate updates have been provided by NEWS.am on Telegram.

Freelance journalist specializing in the underrepresented stories of the Russian far east.