Armenian president urges central bank to act

Armenian President Robert Kocharyan has called on the central bank to act "decisively and quickly" to prevent speculation in Armenia's financial market caused by fluctuations in the rate of the dollar against the national currency.

Robert Kocharyan said this at a meeting with members of the Central Bank's council today, Mediamax reports.

The head of state pointed to an "extremely important stage in the work of Armenia's Central Bank" because the world's financial markets are undergoing a "global

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