One of the most important issues for Armenia is to maintain the stability of the US dollar exchange rate against the national currency. Vahe Hakobyan, an MP from the opposition "Armenia" Faction of the National Assembly (NA) of Armenia, said this at Monday’s press briefing in the NA—and commenting on the impact of recent events on Armenia.
"According to some data, about 6,000 citizens of Russia and Ukraine are arriving in Armenia and bringing [Russian] rubles with them. The most important thing for us [i.e., Armenia] today is to prevent currency outflow. Now the Ministry of Economy is working out a new formula, according to which every foreign investor who opens an account in Armenia must keep this amount in the country for at least six months," Hakobyan explained.
He added that this is one of the mechanisms to prevent currency outflow from Armenia.



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