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Haykakan Zhamanak: Armenian currency depreciates at alarming rate
April 19, 2012“One [
The dram’s such depreciation, which seems insignificant at first, in reality is not in the plans of the government and the Central Bank, and this will result in stimulating the barely restrained inflation.
In addition, it is noteworthy that the dram is devaluing against the backdrop of growing private transfers,” Haykakan Zhamanak writes.