National currency stabilization to attract foreign investments
Stabilization of national currency will attract foreign investments, according to Armenian CB official.
"Any foreign investor should be aware of the risks in exchange rate to make maximal profit," Central Bank Vice President Vache Gabrielyan told a news conference on Wednesday.
He emphasized that the capital market of developing countries is attractive, since it can provide a 10% extra profit, as compared with the market of developed states.
"Any foreign investor should be aware of the risks in exchange rate to make maximal profit," Central Bank Vice President Vache Gabrielyan told a news conference on Wednesday.
He emphasized that the capital market of developing countries is attractive, since it can provide a 10% extra profit, as compared with the market of developed states.
