SEMINAR-DISCUSSION ON “CURRENCY EXCHANGE FLUCTUATIONS IN THE RA: FACTORS, CAUSES AND POSSIBLE CONSEQUENCES”
Seminar-discussion on “Currency exchange fluctuations in the RA: factors, causes and possible consequences” was initiated at ASUE by the Chair of Finance, which was attended by Rector Koryun Atoyan, Vice-rector of Science and International Relations Gagik Vardanyan, representatives of the Cahir of Finance, members of Faculty, students.
In opening remarks Koryun Atoyan mentioned that Economic University should react to the country’s economic developments, do analysis, scientific interpretations.
Acting Head of the Chair of Finance, Doctor of Economics, Professor Ashot Salnazaryan outlined that fluctuations are typical to any market and they are market especially in financial market.
Associate Professor at the Chair of Banking and Insurance, Candidate in Economics Suren Poghosyan presented a report and referred to factors, causes and possible consequences of currency exchange fluctuations. The Associate Professor presented the stages of currency exchange fluctuations: adjustment of exchange rates by the Central Bank, free fall, announcements and consultations, adjustment of market exchange rate. Revelation of currency exchange fluctuations, factors of currency exchange fluctuations, demand and supply of dollar.
The speaker referred to macroeconomic and financial bases of crisis of currency exchange market. The Associate Professor summarized the report, pointing out possible consequences of crisis of currency exchange market.
Dean of the Department of Accounting and Auditing, Doctor of Economics, Associate Professor Ashot Matevosyan also presented a report.
After the reports’ presentation a discussion was held.
ASUE Media and Public Relations Division
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