Armenia’s economic boom hurts tech sector An influx of Russians has pushed up the value of the dram, undercutting Armenia’s exporters and the celebrated IT industry.
BY Arshaluis Mgdesyan | Eurasianet Business was great for Azat Tovmasyan. The Yerevan-based entrepreneur had won an innovation grant of 50,000 euros to perfect a unique product: an internet-enabled billfold…