CENTRAL BANK OF ARMENIA STRUGGLES AGAINST DOLLARIZATION

PanARMENIAN.Net
16.03.2010 19:01 GMT+04:00

/PanARMENIAN.Net/ At March 16 sitting, CBA Board Council, led by
bank’s President Artur Javadyan introduced changes and additions to
a document on regulations and guidelines for banking activities.

Starting April 14, 2010, part of foreign currency investments will
be subject to mandatory AMD reservation in AMD, bank’s press service
reported.