15/01/2015 10:39
Hraparak: Dollar to rise again, not sharply
‘Hraparak’ paper writes that the dollar rate will rise again in the near future, but not sharply. “The banks did not carry out the instructions of Central Bank of Armenia (CBA) not to create a dollar shortage. The banks mistrust CBA and show vigilance as they think that CBA will not keep its promise to provide the necessary amounts of currency to them in case of need. The banks also did not carry out the CBA’s appeal to give dram loans to businessmen and freeze the payment of dollar loans by businessmen, which will result in a rise in the dollar rate,” the paper says.