Armenian Dram reacts to Government’s actions, strengthens sharply

Armenia - A schoolboy walks past a currency exchange sign in Yerevan, 17Dec2014.

Armenia – A schoolboy walks past a currency exchange sign in Yerevan, 17Dec2014.

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, RFE/RL reports. Continue reading

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Opposition MP Attacked in Yerevan

Armenia -- ANC deputy Aram Manukian attacked in Yerevan, 11Dec2014

Armenia — ANC deputy Aram Manukian avoids speaking to journalists shortly after he was attacked next to his appartment in central Yerevan, 11Dec2014

One of the leaders of the opposition Armenian National Congress (HAK) party has been attacked in Yerevan by an unknown assailant. Continue reading