COMMERZBANK EXPERTS ENCOURAGE OTHER COUNTRIES TO FOLLOW ARMENIA
Panorama.am
21:32 05/03/2009
American famous Bloomberg agency published the statement made by
Commerzbank AG and UBS AG groups on the adopted strategy of the post
Soviet Union countries during the financial crisis.
The authors of the statement say that Russia, Ukraine and Kazakhstan
should adopt "flexible exchange rate regime" to overcome the
crisis. They encouraged the countries to follow the experience
of Armenia.
According to Commerzbank expert Armenia managed to have more success
than the others changing its regime over exchange rate.
From: Emil Lazarian | Ararat NewsPress