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We Did Our Best To Save Armenian Currency, Says Official

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  • We Did Our Best To Save Armenian Currency, Says Official

    WE DID OUR BEST TO SAVE ARMENIAN CURRENCY, SAYS OFFICIAL

    15:51 * 13.02.14

    Though the Armenian Dram experienced certain devaluation recently,
    everything possible was done to save the national currency, says a
    senior banking official.

    Speaking to reporters after the Thursday cabinet meeting, President of
    the Union of Banks Samvel Tchzmachyan dispelled the concerns that the
    Armenian currency may be withdrawn from circulation in the near future.

    Asked about the plans for launching a single currency in the common
    Eurasian area and its possible impact on Armenia's economy, Mr
    Tchzmachyan brought the example of the European Union. "I am inclined
    to think that it will have a positive impact, but I don't find it is
    something to be discussed in the near future. Do you think the Euro
    has left a positive impact on the European states ...?" he replied.

    Armenian News - Tert.am



    From: Emil Lazarian | Ararat NewsPress
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