«How Does Theft Happen?»: On the Difference Between Dollar Buying and Selling in Armenia and Georgia

Former member of the Civil Contract party, Garegin Miskaryan's post.

“In Georgia, the difference between the buying and selling of dollars is one lari for every hundred dollars, which, when converted into drams, is approximately 150 drams. This means that the exchange point makes a profit of 150 drams on every hundred dollars.

In Armenia, the difference in buying and selling a hundred dollars at exchange points is currently 800 drams, and in banks, it is 1000 drams. We are giving away 800-1000 drams from every hundred dollars (41,000 drams) for nothing.

How does theft happen?” Miskaryan wrote.

Additionally, there have been various complaints recently concerning banks. People are reporting increased interest rates and other irregularities.