Armenia’s currency to remain ‘overvalued’ this year: THIS WEEK IN BUSINESS

  • The company that operates Armenia’s biggest copper and gold mines indicated it will expand its operations in the country.
  • The company with the rights to Armenia’s long-stalled Amulsar gold mine expects operations to begin this year.
  • Armenia’s dram currency will remain “overvalued” through this year, according to the Eurasian Development Bank.
  • Tax collection in Armenia in the first half of 2023 is up by almost 25% year-on-year.

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