ECONOMIST PREDICTS HIGHER US DOLLAR EXCHANGE RATE

Panorama.am
18:25 13/03/2007

The exchange rate of US dollar may go up to 360-380 drams in April-May,
Edward Aghajanov, an economist, made a forecast today.

The economist believes the exchange rate will go up artificially. "It
will be done for the purpose of making the election campaign cheap
or at no cost for some people," he said. After the parliamentary
elections, the exchange rate will sharply go down, he said. "Our
economy is in an absurd condition.

Everything is possible in our country," the economist believes.