04.12.2017 14:22
YEREVAN, December 4. /ARKA/. Although the dollar will continue its upward motion and the euro will remain unchanged, no sharp exchange rate fluctuations are expected in Armenia, Gagik Makaryan, head of the Union of Armenian Employers, said on Friday.
In his opinion, it is possible to withstand fluctuations at foreign exchange market and the price hikes expected to strike the country after January 1 only by ensuring a high economic growth to the country.
At the same time, the expert said that the Central Bank of Armenia states that it pursues a floating exchange rate policy, but, in fact, it is curbing the dollar from going up.
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