COMMERZBANK EXPERTS ENCOURAGE OTHER COUNTRIES TO FOLLOW ARMENIA
American famous Bloomberg agency published the statement made by Commerzbank AG and UBS AG groups on the adopted strategy of the post Soviet Union countries during the financial crisis.
The authors of the statement say that Russia, Ukraine and Kazakhstan should adopt “flexible exchange rate regime” to overcome the crisis. They encouraged the countries to follow the experience of Armenia.
According to Commerzbank expert Armenia managed to have more success than the others changing its regime over exchange rate.