{"id":51281,"date":"2013-03-28T13:33:33","date_gmt":"2013-03-28T13:33:33","guid":{"rendered":"https:\/\/armbanks.am\/2013\/03\/28\/238009\/"},"modified":"2024-12-15T13:03:30","modified_gmt":"2024-12-15T13:03:30","slug":"former-head-of-central-bank-no-grounds-for-dollar-revaluation-in-armenia","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2013\/03\/28\/51281\/","title":{"rendered":"Former head of Central Bank: no grounds for dollar revaluation in Armenia"},"content":{"rendered":"<p><strong>YEREVAN, March 28. \/ARKA\/.<\/strong> Bagrat Asatryan, a former chairman of the Central Bank of Armenia, said today that there are no grounds for thinking that the dollar may go up in Armenia.<br \/>\nHe told journalists that transfers grew 11% in January, exports grew 30% in January and February and imports about 10%.<\/p>\n<p>\u201cIt means there are no economic grounds for the dollar to rise,\u201d he said.<\/p>\n<p>The dollar traded at 410 to 415 drams in March and continued its upward motion to 420 drams.<br \/>\nAsatrayn said the dollar, as a rule, is driven up over a period between January and April by the usual for this season pressure at forex market.<\/p>\n<p>He said that Armenia\u2019s national currency devaluated by 13 drams over the first three months of this year against devaluation by 10 drams in Jan-March 2012 and 5.6 drams at the same period of 2011.<br \/>\nAsatryan also said that an intense outflow of money (about $500 million) from the country was seen yet in 2012, and things may continue.<\/p>\n<p>The former head of the central bank didn\u2019t rule out further devaluation of the dram, but said this situation shouldn\u2019t be overdramatized.<\/p>\n<p>\u201cI am convinced that Armenia is not among those countries where price rise will be lower than average increase in Europe,\u201d he added. &#8212;0&#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bagrat Asatryan, a former chairman of the Central Bank of Armenia, said today that there are no grounds for thinking that the dollar may go up in Armenia<\/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":[12159,9216],"tags":[15837,12361,359],"class_list":{"0":"post-51281","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-exchange-market","7":"category-news","8":"tag-armenia-2","9":"tag-cba","10":"tag-359"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/51281","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=51281"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/51281\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=51281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=51281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=51281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}