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Economy | 11.03.10 | 10:58

Dollar/Dram dilemma: Economists say national currency likely to continue falling

By Gayane Abrahamyan
ArmeniaNow reporter
Economists say Armenia is unlikely to have another ‘Black Tuesday’ when [on March 3, 2009] its currency collapsed and panic buying began in Yerevan and elsewhere in the country. Yet, they say, the dram has been dethroned – and “that’s already the fact.”

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