Yerevan /Mediamax/. Leadership of “Armeconombank” accounts USD appreciation for the seasonal stirring up of import deals.

Mediamax reports that the bank’s Chairman of the Board of Directors David Sukiasyan ruled out today the possibility of abrupt shocks in Armenian currency market, such as the devaluations, which took place in March.

“Moreover, we believe that minor appreciation of AMD may take place in the nearest future”, David Sukiasyan stated, accounting this for the fact that banks cannot preserve open positions for a long time and will start selling currency themselves.