Price rise and possible devaluation in Armenia

12:57 - 10.12.2020


December 10, Fineko/abc.az. The US dollar exchange rate in Armenia has exceeded 520 drams, and the price for gasoline reached 700 drams and for eggs - 80 drams.

ABC.AZ reports that Artur Khachatryan, a member of party Dashnaktsutyun and former agriculture minister of Armenia, informed about this.

The ex-minister called on the local investors to buy government bonds issued for the 2nd time.

When commenting on Khachatryan’s statement, the residents of Armenia said that in the coming days the dollar exchange rate will reach 550 drams, and gradually 700 drams.

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