Star Supermarket Chain Management is against unjustified price raiseMarch 5, 2009 - 17:04 AMT PanARMENIAN.Net - The management of Star Supermarket Chain declared itself against the unjustified price increase. The management has settled on a partial price in crease for some of imported goods. Only goods imported at new prices will be sold at higher prices, Star press office reported to PanARMENIAN.Net "We're categorically opposed to turning the current situation to our benefit and aim at maximal price increase control. We highly value our customers' trust and are sure we'll justify it," Star Executive Director Vagan Kerobyan stated. Star is one of the major Armenian supermarket chains, comprising 12 supermarkets located all over Armenia. On Mar. 3 the dram-to-dollar exchange rate has gone up to AMD 360/$1 in few hours against 305 -310 index for sale and purchase respectively. Dram/euro exchange rate reached AMD 440 (against 387). The upsurge followed CB President Arthur Javadian's statement on cessation of control over the foreign currency market and return to floating rate policy. 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 | Pashinyan’s spokesperson denies intention to visit Baku for COP29 Pashinyan’s agenda doesn’t include a trip to Baku for the COP29 conference, his press secretary Nazeli Baghdasaryan has said. Russia accuses West of preparing invasion of CSTO countries NATO is preparing an invasion of the CSTO countries, the number of provocations in the air is growing, Sergei Shoigu has said. Lithuania sending €100,000 to help Armenia fight floods consequences Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. Armenia: Rescue workers restore pedestrian bridge for flood-hit community Rescue workers on Wednesday, June 5 restored a pedestrian bridge in the town of Alaverdi in Armenia’s north. |