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Central Bank of Armenia: Dollar and Pound Weaken, Euro and Ruble Strengthen

money
Arshaluis Mgdesyan
21.10.24 17:15
76

The Central Bank of Armenia has released new exchange rates for October 21. According to official data, the U.S. dollar slightly weakened against the Armenian dram, depreciating by 0.09 dram.

The dollar is now valued at 387.16 drams. Meanwhile, the euro strengthened by 0.02 dram, reaching 419.99 drams. The Russian ruble also saw a slight increase, gaining 0.01 dram and settling at 4.03 drams.

The British pound sterling experienced the most noticeable decline, losing 0.97 dram and dropping to 504.20 drams.

As for precious metals, the price of gold rose by 286.60 drams, reaching 33,763.79 drams (over $87). Silver also increased in price by 3.83 drams and is now valued at 399.88 drams (about $1).

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