The Armenian dram strengthened against the U.S. dollar by 16 percent on Thursday after weeks of depreciation that accelerated dramatically earlier this week amid turmoil in Russia’s currency market.
The Armenian authorities on Wednesday described as artificial and temporary the continuing weakening of the national currency, the dram, and insisted that it will not undermine the country’s financial system.
A senior Armenian government official indicated on Wednesday that the continuing significant weakening of the dram will likely push up the electricity prices in Armenia.
Dozens of minibus drivers in Yerevan went on strike on Wednesday to protest against a more than 20 percent surge in the price of liquefied natural gas used by their privately owned vehicles.
The European Union expressed concern on Tuesday at a series of violent attacks on Armenian opposition politicians and activists, saying that failure to punish their perpetrators could deepen “a sense of impunity” in Armenia.
The body of one Armenian pilot and the remains of two others killed on board a military helicopter brought down by Azerbaijan forces near the Line of Contact in Nagorno-Karabakh on November 12 were laid to rest at Yerevan’s Yerablur Military Cemetery with full military honors on Tuesday afternoon.
RFE/RL Armenian Service Director Harry Tamrazian talked to RFE/RL Senior Editor Brian Whitmore on the rediscovered role of NATO in the wake of the Alliance’s summit in Newport, Wales, UK.
Ведущий воскресной аналитической программы Азатутюн ТВ Грайр Тамразян беседует о нынешней политике НАТО с редактором Русской службы Радио Свобода Андреем Шарым и американским блогером Брайаном Уитмором.
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