Vardan Bostannjyan: Dollar Exchange Rate Will Increase To AMD 400 In

VARDAN BOSTANNJYAN: DOLLAR EXCHANGE RATE WILL INCREASE TO AMD 400 IN 2010

PanARMENIAN.Net
21.01.2010 17:02 GMT+04:00

/PanARMENIAN.Net/ Dollar exchange rate in Armenia is expected to
increase during the current year, according to Vardan Bostanjyan,
Vice Chair of RA National Assembly’s Committee on Economic Affairs.

"Given the rapid increase of per Dollar price from AMD 300 to AMD
380, the exchange rate may soar to AMD 400 in the nearest future,"
he told a news conference in Yerevan.

At that, he noted that such increase will boost export, creating
favorable conditions for Armenian entrepreneurs.

Vice Chair of NA Standing Committee on Economic Affairs, Vardan
Bostannjyan (Prosperous Armenia faction) was born on September 9,
1949 in Yerevan.

In 1977-1993, he worked at Armenian Economic Planning and Research
Institute in the position of senior research worker, head of sector,
head of the division and deputy director on scientific works. In
1994-1996 he was elected member RA CBA board. On May 12, 2007, he
was elected as MP from Prosperous Armenia Party’s proportional list.

Bostannjyan is the author of over 130 publications.

He is married, has three children.