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US Dollar To Equal 380-400 Armenian Dram

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  • US Dollar To Equal 380-400 Armenian Dram

    US DOLLAR TO EQUAL 380-400 ARMENIAN DRAM

    Tert.am
    14:30 ~U 02.04.10

    RA Union of Banks Chair Ararat Ghukasyan, meeting with journalists
    today, said that banks aren't interested in the devaluation of the
    dram, since it brings forth risks in the process of providing foreign
    currency loans.

    In Ghukasyan's opinion, there won't be any more fluctuations in the
    foreign currency market this year: one US dollar, in all likelihood,
    will be equivalent to 380-400 Armenian dram.
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