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YEREVAN. – The current dollar fluctuation is not a result of economic factors only, Prosperous Armenia MP Mikael Melkumyan told reporters.

The deputy said this is a result of policy, predicting that the dollar will still become stable.

Melkumyan noted that sanctions against Russian will impact Armenia, and it is already noticeable that exports from Armenia decreased, while importers can not compensate for the damage. Therefore, the inflation will come soon. 

As a solution, the MP proposed to increase the income of population. Mikael Melkumyan also said that they will organize an economic forum in the near future to discuss further steps.

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