Devaluation of Armenian dram was expected, economists say

All news related to DEVALUATION

17.12.2020 18:14

YEREVAN, December 17. /ARKA/. The devaluation of the Armenian currency, the dram, was expected as a natural reaction to the changes taking place in the country, according to Armenian economists.

One of them, Vahagn Khachatryan, told a press conference on Thursday that the economic programs drawn up for the next three years before the war in the Nagorno-Karabakh conflict zone, have lost their relevance.

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This is not disaster – Armenian economy minister comments on national currency devaluation

15.12.2020 17:02

Armenian Economy Minister Vahan Kerobyan, in an interview with Azatutyun Radio, suggested not to consider the devaluation of the dram as a catastrophe, but instead to take into account things in neighboring countries

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Tags: Armenia, CURRENCY, DEVALUATION, Economy @en

Armenian dram devaluation is mainly based on psychological factor - MP

27.11.2020 16:20

The devaluation of the dram observed in Armenia in recent days is mainly based on a psychological factor – changes in human expectations and behavior, Babken Tunyan, an MP from the My Step faction and the head of the standing parliamentary committee on economic issues, said on Thursday answering media questions

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Chzmachyan says sharp devaluation of dram to favor exporters poses macroeconomic risks

26.05.2016 18:47

Sharp devaluation of the dram, Armenia’s national currency that could open up new prospects for Armenian exports, carries significant macro-economic risks

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Economist: Armenian dram devaluation inevitable

27.08.2015 20:09

Armenia’s national currency will inevitably go down against the US dollar, Vardan Bostanjyan, an economist, told journalists on Thursday

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Tags: Armenia, DEVALUATION, DRAM, Russia

Devaluation of Armenian dram to increase credit burden and dollarization in population's deposits

09.12.2014 18:15

Devaluation of the Armenian national currency took recently will increase credit burden and dollarization in the population’s deposits in banks

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Tags: Armenia, CURRENCY, DEVALUATION, DOLLAR, DRAM

Expert: Armenian Dram Should Be Devaluated For Sake Of Domestic Industry

01.11.2011 10:23

Vazgen Safaryan, head of the Union of Armenia’s Domestic Manufacturers, finds it necessary to devaluate Armenian national currency for spurring export and domestic industry.

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Outlooks for Armenian dram devaluation melting away

02.07.2010 16:08