YEREVAN, July 2. \/ARKA\/. Outlooks for devaluation of Armenian national currency are gradually melting away, Vache Gabrielyan, deputy chairman of the Central Bank of Armenia, said Thursday in Yerevan, at the seventh bond congress of CIS and Baltic countries.<\/p>\n
\u201cThere were such outlooks in the first quarter, while now the national currency is increasingly strengthening,\u201d he said. \u201cAfter 2009, this process started running faster than expected.\u201d
\nGabrielyan said that the central bank acted as purchaser.<\/p>\n
\u201cWe don\u2019t retain the exchange rate. The opposite, we are trying to lessen volatility.\u201d
\nThe deputy chairman of the central bank also said that investors\u2019 interest in securities had already started growing.<\/p>\n
On March 3, 2009, the Central Bank of Armenia returned to the floating exchange rate policy.<\/p>\n
In 2009, dram\/dollar exchange rate was fluctuating between AMD 360 and 380 per dollar, just as the central bank\u2019s specialists had predicted. ($1 = AMD 367.5). -0—<\/p>\n","protected":false},"excerpt":{"rendered":"
Outlooks for Armenian dram devaluation melting away<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,12635,12636],"class_list":{"0":"post-12872","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-devaluation","10":"tag-outlooks"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/12872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=12872"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/12872\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=12872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=12872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=12872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}