  Vardan Bostannjyan: Dollar exchange rate will increase to AMD 400 in 2010January 21, 2010 - 17:02 AMT PanARMENIAN.Net - Dollar exchange rate in Armenia is expected to increase during the current year, according to Vardan Bostanjyan, Vice Chair of RA National Assembly's Committee on Economic Affairs. "Given the rapid increase of per Dollar price from AMD 300 to AMD 380, the exchange rate may soar to AMD 400 in the nearest future," he told a news conference in Yerevan. At that, he noted that such increase will boost export, creating favorable conditions for Armenian entrepreneurs. Vice Chair of NA Standing Committee on Economic Affairs, Vardan Bostannjyan (Prosperous Armenia faction) was born on September 9, 1949 in Yerevan. In 1977-1993, he worked at Armenian Economic Planning and Research Institute in the position of senior research worker, head of sector, head of the division and deputy director on scientific works. In 1994-1996 he was elected member RA CBA board. On May 12, 2007, he was elected as MP from Prosperous Armenia Party's proportional list. Bostannjyan is the author of over 130 publications. He is married, has three children.   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 |  Related sections Latest news U.S. warns Georgia not to side with Moscow against the west  Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow.Power of One Dram sums up two-year program with Teach for Armenia Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for childrenMoscow slams EU mission in Armenia for “provocative activity” The EU mission is doing more and more against Armenia’s neighbors Russia, Azerbaijan and Iran, Mikhail Galuzin said.Yerevan Mayor to travel to Paris on May 15-19 The official delegation headed by Yerevan Mayor Tigran Avinyan will travel to Paris from May 15 to 19. |
