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Economic Regularities Are Beyond Mysteries

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  • Economic Regularities Are Beyond Mysteries

    ECONOMIC REGULARITIES ARE BEYOND MYSTERIES

    A1+
    [06:20 pm] 20 June, 2006

    The vibrations of dollar-dram rates are initiated by 4 oligarchs. The
    invitees of the "Mirror" club attempted either to affirm or to refute
    this rumor.

    Tatul Manaseryan, economist and deputy of "Justice" bloc announced that
    there is no smoke without a fire but he preferred professional approach
    to the matter to revealing any names. He assumes that the vibrations
    of dollar-dram rates are mainly determined by 4 factors. "These are
    the vibrations of currencies in the international market, dollar-euro
    vibrations, the sums flowing to Armenia and the subjective factor-
    artificial devaluation." According to the economist only the analysis
    of these 4 factors will reveal the real economic growth.

    Mr. Manaseryan also referred to the indexes of the inflows and outflows
    of the country and noted, "The balance between them is negative,
    the currency overflow is larger."

    Secretary of Republican Party Gagik Meliqyan found Mr. Manaseryan's
    opinion professional and admissible.

    Gagik Meliqyan preferred speaking of dram-dollar vibrations taking
    into account the so-called subjective factor. "Separate ceremonies
    held in smaller and economically undeveloped countries may have their
    direct impact on the currency rate and its dynamics." He illustrated
    "The Last Ring" as an example. "Dollar devaluation is evident just
    after "The Last Ring" and "New Year" celebrations. Making use of
    this certain banks, organizations and currency exchanges have their
    subjective influence on the dram devaluation and get large income
    from the vulnerable stratum of society. "

    Economist Tatul Manaseryan didn't share Gagik Meliqyan's opinion in
    all issues and noted, "By economic regularities we can hardly explain
    the mysteries we counter."
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