The depreciation of USD against AMD is getting more and more alarming by hitting 391 AMD per 1 USD.
This is a red light for the exporters, specifically for the IT sector.
Today we hosted 3 representatives of big high-tech companies, listed in the top 1000 biggest taxpayers in Armenia, Harutyun Muradyan (CEO and co-founder of Simply Technologies ), Arsen Hambardzumyan (COO at Podcastle) and Narek Safaryan (CEO and founder of Renderforest) to discuss the impact of the revaluation of AMD against USD and the possible detrimental consequences on the sector and the economy of the country overall.


28 October 2022, Friday | 358

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