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#REVALUATION

Business

Armenian business associations ask authorities to intervene as dram's revaluation hits export and IT companies

Armenian business associations called today on the Central Bank, economy and finance ministries to take urgent action to stop further revaluation of the national currency against the U.S. dollar, warning that the strengthening of the dram causes damages to business entities.

24.06.2022, 16:56

Business

Ex- finance minister warns of backward pressure that may be triggered by devaluation of dram

Աccording to Armenia's ex-minister of finance Vardan Aramyan, one of the reasons behind the dramatic revaluation of the Armenian dram against US dollar and euro is the structural changes that have taken place in Armenia's foreign trade.

17.06.2022, 18:41

Economy

Central bank- revaluation of dram causes no concern

The chairman of the Armenian Central Bank Artur Javadyan downplayed Tuesday concerns that the revaluation of the national currency, the dram, may cause damage to the economy.

08.06.2016, 10:52