ARMENIAN BANK DEALERS FORECAST SIGNIFICANT GROWTH OF DOLLAR EXCHANGE RATE IN CASE OF SECOND ROUND OF ELECTIONSFebruary 20, 2003 - 19:10 AMT PanARMENIAN.Net - Armenian bank dealers forecast significant growth in the dollar exchange rate in case there is the second round of the presidential elections. Refraining to name the upper possible limit, they emphasized that fluctuations would be abrupt. If this is the case, as reported by "Arminfo" agency, in their opinion, the Central Bank will intervene within the two weeks before the second round. The bank dealers found it difficult to mention the intervention volume. Today the dollar exchange rate at the currency retail market comparatively increased, reaching the average of 590 Armenian drams for 1$. Top stories The Armenian Defense Ministry has denied Azerbaijan's accusations of violating the ceasefire. Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg. Partner news | Armenia named European U18 chess vice-champion The U18 chess team of Armenia won the title of vice-champion of the European Team Championship. Congress draft bill condemns Azerbaijan for Karabakh ethnic cleansing The bill condemns Azerbaijan for perpetrating ethnic cleansing against the Armenian population of Nagorno-Karabakh. MEPs issue statement to defend Armenia-France military cooperation The deputies emphasized that having an army armed with combat and modern military equipment is the sovereign right of any country. Iran begins voting in presidential election Iranians started voting for a new president following the death of Ebrahim Raisi in a helicopter crash. |