Armenian dram stayed stable despite velvet revolution: PashinyanSeptember 17, 2018 - 16:32 AMT PanARMENIAN.Net - The Armenian dram has maintained its stability despite the velvet revolution that took place in the country in April-May, Prime Minister Nikol Pashinyan said at a meeting with the Presidents of the Central Banks of the Eurasian Economic Union (EAEU) member states on Monday, September 17. The Premier stressed the importance of cooperation among the Central banks in the EAEU space in terms of development of financial markets, promotion of the economy, introduction of new mechanisms. Pashinyan said he hopes that the heads of the financial institutions will continue their efficient and constructive dialogue for deeper cooperation. The Directors of the Central banks, in turn, briefed the Prime Minister on further steps to boost partnership, which will contribute to integration processes within economies. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Armenia to participate in key EU meeting for the first time ever National Assembly speaker Alen Simonyan has said that Armenia will for the first time participate in the Conference. U.S. reacts to Russia’s criticism of upcoming Armenia-EU-U.S. meeting Matthew Miller has weighed in on Russia’s criticism of an upcoming Armenia-EU-U.S. meeting. Lavrov sees ‘collapse’ of Russia’s ties with Armenia Russian Foreign Minister Sergey Lavrov has underscored heightened tensions between Russia and Armenia. Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine |