Armenia sharply increased prices for food and fuel, IA REGNUM. This happened after the country's Central Bank on 3 March has agreed to delete the exchange rate - a drama - in relation to the dollar. As a result, AMD has been devalued by about 20 per cent.
According to RIA Novosti, in the course of the day March 3, the main food items in the stores of Armenia went to 20-30 per cent. In doing so, residents have been actively buying up food, for fear of further price increases.
Prices of some commodities, according to the REGNUM, rose half as much and more. For sugar, previously sold at a price of 240-250 drams per kilo, now will be sold at a price of up to 400 drams (about 1.3 dollars) per kilogram. A1plus Agency reports that in a supermarket "Yerevan City", a bottle of oil, cost 400 drams earlier, now costs 600 drams (about two dollars). At the same time, according to the agency, the price of some other products - for example, bread and alcoholic beverages - are unchanged.
Fuel, according to RIA Novosti, now worth about 20 per cent more expensive. Thus, the price per liter of gasoline brands AI Super 98 has grown from 290 to 350 drams (about 1.15 dollar) per liter of diesel fuel - from 230 to 270 drams (about 0.9 dollars).
Products went not everywhere: how RIA News evening of March 3, in many shops in the center of Yerevan price has not changed. Some outlets temporarily ceased. In particular, March 3, closed "for technical reasons" shops "Star" - one of the largest retail chains country. Leadership Network, as reported, after negotiations with suppliers and the State Commission for the Protection of Economic Competition has announced that prices for products will not be increased.
Earlier, Armenia, which, like most other countries in the world, suffered from the economic crisis, sought the assistance of the IMF and Russia. The authorities of the republic agreed to obtain the stabilization of credit amounting to more than a billion dollars.
Thursday, March 5, 2009
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