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?

1. Interview given to Nver Mnatsakanyan about exchange rate speculation and the economic consequences of Artsakh’s loss.

2. 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.

3. 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.

4. “The dollar exchange rate is falling, those holding it have lost.”

5. “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.

We expect certain economic changes in the coming month. If you want to be the first to hear about them, get in touch with us.