Economy
13:15 08/11/2014
Economist: Russian ruble’s depreciation will affect Armenia’s economy
Economist, member of Prosperous Armenia Party Vardan Bostanjyan says the depreciation of the Russian ruble will definitely affect Armenia’s economy.
On Thursday, the Russian ruble fell by about 4% to exchange at 46.68 to the US dollar. This represents a 14-year low. Cumulatively, the ruble has shed 25% of its value in 2014 alone, making it one of the worst performers in the money markets.
Referring to Armenia’s accession to the Eurasian Economic Union (EEU) and expected changes in the country’s economy, the expert told Panorama.am that in case of membership in any organization, be it the EEU or any other union, it is necessary to carry out effective and correct economic policy as everything depends on that.
In Bostanjyan’s words, there are all the necessary preconditions for that and what is needed is will.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
Newsfeed
17:05
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14:06
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13:32
World Chess Championship kicks off in Singapore
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12:36
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11:45
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11:30
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11:15
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11:00
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17:00
Armenian church honors St Gregory the Thaumaturgus and others
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16:30
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14:32
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Temperatures set to plunge next week
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13:06
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Armenia's Mushegh Mkrtchyan wins bronze at World Military Wrestling Championships
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