YEREVAN, December 5. /ARKA/. The main factor that contributed to Georgian lari depreciation and the strengthening of dollar is the current situation in the Russia economy influenced in turn by international sanctions, vice-premier and minister of energy of Georgia Kakhi Kaladze said, as cited by RIA Novosti.

Lari versus dollar rate start dropping after November 20 when it was 1.7675 laris per $1.

The National bank of Georgia set the lari versus dollar rate at 1,8984 GEL/$1 on December 5.

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Tags: ECONOMIC SITUATION, Georgia, Russia

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Economic situation in the second half year of 2011 will be more favorable compared to the same period of 2010, said MP from the ruling Republican Party of Armenia Manvel Badeyan.

Categories: Economy @en, General news, News | Comments Off on Expert: economic situation in Armenia will be favorable in the 2nd half years of 2011 compared to 2010

Tags: Armenia, ECONOMIC SITUATION, FAVORABLE

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