Tweet
ARMENIAN OLIGARCH SUPPORTS CB NEW POLICY
PanARMENIAN.Net
03.03.2009 19:06 GMT+04:00
/PanARMENIAN.Net/ "The new CBA policy will improve the situation of
the county's exporters, who for the last 3 years were in a much worse
state as compared to importers," Prosperous Armenia Party leader,
major entrepreneur Gagik Tsarukyan told a news conference on Tuesday.
According to Tsarukyan, Armenia should by guided by the developed
countries, practicing floating rate policy specifically, Russia.
The dram-to-dollar exchange rate has gone up to AMD 360/$1 in few
hours today against yesterday's 305 -310 index for sale and purchase
respectively.
Dram/euro exchange rate reached AMD 440 (against 387).
The upsurge followed CB President Arthur Javadian's statement on
cessation of control over the foreign currency market and return to
floating rate policy.
According to the Central Bank, the dollar exchange rate will fluctuate
from AMD 360 to 380 in 2009.
PanARMENIAN.Net
03.03.2009 19:06 GMT+04:00
/PanARMENIAN.Net/ "The new CBA policy will improve the situation of
the county's exporters, who for the last 3 years were in a much worse
state as compared to importers," Prosperous Armenia Party leader,
major entrepreneur Gagik Tsarukyan told a news conference on Tuesday.
According to Tsarukyan, Armenia should by guided by the developed
countries, practicing floating rate policy specifically, Russia.
The dram-to-dollar exchange rate has gone up to AMD 360/$1 in few
hours today against yesterday's 305 -310 index for sale and purchase
respectively.
Dram/euro exchange rate reached AMD 440 (against 387).
The upsurge followed CB President Arthur Javadian's statement on
cessation of control over the foreign currency market and return to
floating rate policy.
According to the Central Bank, the dollar exchange rate will fluctuate
from AMD 360 to 380 in 2009.