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Central Bank Of Armenia Struggles Against Dollarization

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  • Central Bank Of Armenia Struggles Against Dollarization

    CENTRAL BANK OF ARMENIA STRUGGLES AGAINST DOLLARIZATION

    PanARMENIAN.Net
    16.03.2010 19:01 GMT+04:00

    /PanARMENIAN.Net/ At March 16 sitting, CBA Board Council, led by
    bank's President Artur Javadyan introduced changes and additions to
    a document on regulations and guidelines for banking activities.

    Starting April 14, 2010, part of foreign currency investments will
    be subject to mandatory AMD reservation in AMD, bank's press service
    reported.
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