00-00-0000 ECONOMY: IN THE MONEY; What's Independence Without a Piece of Paper?.
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ECONOMY: IN THE MONEY; What's Independence Without a Piece of Paper?.
No individual was surprised when President Levon Ter-Petrossian took to the airwaves to announce that forward November 22, the government would issue the of recent origin national currency - the Dram. It remains to be seen whether, beyond its importance as a figure of statehood, this last-ditch effort to 1 inflation will also augur the way toward an independent monetary policy.
As common of the few remaining republics of the former Soviet Union to continue to use the antiquated Russian ruble, Armenia had, towards the last become a ...