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Armenian central bank purchases $8.1 million at forex market, Pashinyan comments

YEREVAN, April 14. /ARKA/. The Central Bank of Armenia bought USD 8.1 million in the foreign exchange market on Monday, Armenian Prime Minister Nikol Pashinyan reported on his Facebok page
“No matter how strange it may seem – today the Central Bank bought $ 8.1 million at the foreign exchange market.

This can have no other explanation than the confidence of the financial market in the anti-crisis policy pursued by the government,” he wrote on his Facebook page.

The prime minister added that people trust the government’s policy and the Armenian national currency.
According to the Central Bank of Armenia, on the last day of March, the US dollar traded at to more than 500 drams, on average, but then it began to decline again and on April 13 it already traded at 486.53 drams. -0—

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