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Economist: the main thing is to avoid panic because of devaluating Armenian dram

09.12.2020 21:30

Economist: the main thing is to avoid panic because of devaluating Armenian dram

YEREVAN, December 9. /ARKA/. The main thing is to avoid panic, economist and founder of the School of Banking Management Ashot Osipyan told reporters on Wednesday, when commenting on the devaluation of the national currency, the dram, against US dollar and Euro.

Speaking at a video conference organized by the Club of Economic Journalists, Osipyan said similar processes were taking in all post-Soviet countries. 'You just need to be careful so that negative expectations that affect the exchange rate do not turn into panic,” said Osipyan.

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