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B. ASATRYAN: RISK OF CURRENCY WAR IS REAL
Aysor.am
Thursday,October 21, 2010
Presently, the world is facing risk of currency war, with euro
appreciating and dollar depreciating worldwide, Bagrat Asatryan, former
President of the Central Bank of Armenia, told a news conference.
According to him, the reason behind this situation is first of all
dollar-yuan, United States-China conflict which may destabilize the
entire global currency system. The Bank of Japan carried out first
major interventions over the past 10 years.
"There is concern about the situation, and Armenia should also
consider it."
Asatryan believes Armenian authorities should draw respective
conclusions from the situation, they should carry our balanced currency
policy and diversify their reserves.
From: A. Papazian
Aysor.am
Thursday,October 21, 2010
Presently, the world is facing risk of currency war, with euro
appreciating and dollar depreciating worldwide, Bagrat Asatryan, former
President of the Central Bank of Armenia, told a news conference.
According to him, the reason behind this situation is first of all
dollar-yuan, United States-China conflict which may destabilize the
entire global currency system. The Bank of Japan carried out first
major interventions over the past 10 years.
"There is concern about the situation, and Armenia should also
consider it."
Asatryan believes Armenian authorities should draw respective
conclusions from the situation, they should carry our balanced currency
policy and diversify their reserves.
From: A. Papazian