The Central Bank of Armenia is to blame for the inflation and 12% devaluation of the Armenian Dram in the market. This is what Chairman of the Agrarian-Peasant Union of Armenia Hrach Berberyan told reporters today.

According to him, devaluation of the Armenian Dram is the only reason for the high prices of food in Armenia. “The government and the Central Bank are mainly to blame for this since they don’t know what policy to develop,” he added.