Armenia endangered by fall of the ruble

Armenia endangered by fall of the ruble

The territory of the former Soviet Union and Asian countries may suffer the most because of the problems of the Russian ruble and the depreciation of the Chinese yuan, Bloomberg says.

"While Azerbaijan and Georgia have devalued their exchange rates during the past year, other countries, including Armenia, Tajikistan, Moldova, Mongolia and Nigeria are at risk," the experts of the US financial publication note.

Earlier, Kazakhstan's currency fell slightly, and Vietnam has lowered the price of the dong three times due to the devaluation of the yuan over the past year, Trend reports.