The Dram's Drama
During these days, I have given 5 interviews on this topic.
The interviews will provide answers to the following questions:
- What is happening with the exchange rate?
- What is the connection between Russia’s economic crisis and Artsakh?
- What new shocks might await Armenia?
- What awaits us?
- What should be done to strengthen the economy and the state?
- Interview given to Nver Mnatsakanyan about exchange rate speculation and the economic consequences of Artsakh’s loss.
- The loss of Artsakh is also an economic shock; even greater shocks may occur. This interview was given on Monday when the dollar exchange rate had reached 450 drams. In this interview, I predict that the depreciation is merely speculation and that the dram will strengthen again in the coming days.
- 10-15% depreciation of the dram in a few days, what is happening in the exchange rate market? I gave this interview to Public Radio of Armenia.
I have given 2 interviews to the Banks.am portal.
- “The dollar exchange rate is falling, those holding it have lost.”
- “Gas prices could rise.”
It is also worth noting that at the highest point of the exchange rate, when the dollar reached 420-450 drams, I made a prediction that by the end of that day, the dollar would be 410-420. By the end of that day, the dollar fell from 430-450 to 403-418 drams.
Over the next month, we forecast certain economic changes. If you wish to be among the first to learn about them, please contact us.