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No Crisis Bites Armenia's Financial Market: CBA

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  • No Crisis Bites Armenia's Financial Market: CBA

    NO CRISIS BITES ARMENIA'S FINANCIAL MARKET: CBA

    ARKA
    Dec 22, 2008
    YEREVAN

    Armenia's financial market has not been crippled by the crisis,
    reported Deputy Chairman of the Central Bank of Armenia (CBA) Vache
    Gabrielyan.

    "No ill effects of the crisis have been observed in Armenia,"
    Gabrielyan said, adding the signs of strain are far from being
    a crisis.

    The CBA deputy chairman considered necessary to study specifics of
    local economy in order to combat possible influence of the global
    crisis on Armenia.
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