New sudden rise in exchange rate of dollar not expected,
deputy minister of finance says
10-03-2009 18:00:00 | Armenia | Economy
YEREVAN, MARCH 10, NOYAN TAPAN. "The current exchange rate
of the dram is economically substantiated and I do not think
that there will be a new sudden rise in the exchange rate of the
dollar. This is not economically substantiated, " the RA deputy
minister of finance Vardan Aramian stated at the March 9 debate.
The economist Tatul Manaserian expressed an opinion that
the state has enough resources to control the situation. "In my
opinion, the crisis is not only a financial but also a system
one, from which the countries will get out with new models being
formed. In case of these models, the currencies cannot "float"
or "not float" on their own, that is, the governments will
intervene," T. Manaserian noted.
According to the member of the parliamentary "ARF" faction
Artsvik Minasian, no one can forecast definitely what changes
may occur to the dollar.