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Dollar growth stimulates export in Armenia - expert

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  • Dollar growth stimulates export in Armenia - expert

    Dollar growth stimulates export in Armenia - expert

    news.am
    June 24, 2012 | 16:22

    YEREVAN. - The growth of the US dollar benefits Armenian exporters
    while strong dram is against their interests, Armen Poghosyan,
    Chairman of Armenia's Union of Consumer Protection told Armenian News
    - NEWS.am.

    According to him, if the weakening of the dram was handled right and
    the process was taken under control, then the position of Armenian
    exporters can be improved.

    As Poghosyan mentioned, weak dram benefits exporters, strong dram
    benefits importers. According to him, the process must be controlled
    by the Armenian Central Bank.

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