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Madrid

"People". The estimated exchange rate of the Armenian dram against the US dollar has decreased


Zhoghovurd daily writes:

"Zhoghovurd daily wrote that 12-month inflation in the consumer market of the Republic of Armenia (February 2024 compared to February 2024) amounted to 0.1% against the previous month.

"Zhoghovurd" daily took these numbers from the RA Statistical Committee.

Although government officials lavish a statistical committee, several honest representatives say that the statistical committee is not always over to the data of the Ministry of Finance or the data provided by the Central Bank.

By putting all this aside, let's understand what changes in the foreign exchange market has been changed in parallel with consumer prices .2025 In February, the increase in 0.1% of consumer prices in February was accompanied by 0.6% reduction of the Armenian dram against the US dollar (AMD appreciated). 2025 In February 2024 Compared to December, 1.5% of consumer prices increased by 0.2% of the estimated exchange rate of the Armenian dram against the US dollar.

During the same period last year, 0.4% of consumer prices were registered in the republic and a decrease in the estimated exchange rate of the Armenian dram against the US dollar.

2025 The average estimated exchange rate of the Armenian dram against the US dollar in February was 395.6 drams, which is 2.1% lower than in 2024. from the corresponding figure of February (404.3 drams). "