Armenian Dram


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Armenian Dram

The currency of Armenia. It was introduced in 1993, replacing the Soviet ruble. It is a floating currency.
References in periodicals archive ?
AMD/1EUR, the Armenian drams devaluated by 0,7% to the Russian rouble and formed an exchange rate 13,1AMD/1RUR.
The loan, delivered in Armenian dram, will help FINCA expand lending to low-income entrepreneurs, especially in underserved rural areas, through its extensive network of branches across the country.
Armenian dram is not just currency, but a symbol of Armenia's
The European Bank for Reconstruction and Development (EBRD) has issued its first-ever bond in Armenian Dram (AMD), helping to drive forward the development of the local capital market and providing funds for the EBRD s own lending to the Armenian economy in local currency.
Today, Nov 22, Armenia is marking the 20th birthday of its national currency, Armenian dram.
Armenian dram and foreign currency deposits, which as of 1 September amounted to - 406,2 billion drams and 995,7 billion drams
will take place in Armenia on September 12-14, 2013 on sidelines of the events dedicated to the 20th anniversary of the Armenian dram,
devaluation of the Armenian dram on 3 March 2009 resulted in considerable growth in AMD deposits).
Nevertheless, despite higher interests rates on the deposits in terms of the Armenian dram, the share of foreign currency
It wouldn't seem to be too much of a problem, but the minimal basket of goods for the first half of 2017 is 51,200 Armenian drams ($106), what means an average pensioner gets only 75% of the mentioned minimum.
So, for the foreseeable future, Turkish lira, Armenian drams, Pakistani rupees, Iraqi dinars and Afghan Afghanis will continue to flow into Iran's treasury in return for reliable supplies of electricity, Oilprice added.

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