DOLLAR NEARS AMD 393/$1 IN ARMENIA
- YEREVAN. - The US dollar's exchange rate increased on the very first day following Armenia's parliamentary elections, and this was anticipated overall.
The dollar's average exchange rate against the Armenian dram (AMD) comprised AMD 392.94/$1 at NASDAQ OMX Armenia stock exchange on Monday, and this is a 0.15-percent—or a 0.59-point—rise from the previous trading session on May 4.
The total sales were $2.4 million.
The dollar's exchange rate grew at Armenia's cash foreign currency market, too. Some exchange offices have increased the dollar's purchase rate to up to AMD 392/$1 and the minimum sale rate is at 393.5/$1.
A transaction of bonds was likewise conducted at the stock exchange on Monday.
- 951 Birth of Grigor Narekatsi (poet, philosopher and musician). He died in 1003.
- 1866 The Love Masonic Lodge is secretly founded in the Gule-Gapu district of Constantinople by M. Mamuryan, H. Anachyan, S. Tagvoryan and others.
- 1928 Death of Alexander Spendiaryan (composer) in Yerevan.