The dram has gained about 15 percent against the dollar in recent weeks, bolstered by an influx of Russians to Armenia and a move to buy gas in rubles rather than dollars.
Every country in the region has its own relationship with self-proclaimed breakaway republics, forcing them to reckon in their own ways with Russia’s moves in Ukraine.
Even as tech has created good opportunities for a small middle class in Armenia, the sector’s effect on the country’s economy as a whole has grown less noticeably.
The Ministry of Culture issued a new statement responding to international criticism of an earlier announcement that it intended to “remove” Armenian “forgeries” from churches on its territory.