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Armenia’s central bank puts into circulation new generation composite banknotes

22.11.2018 18:03

Armenia’s central bank puts into circulation new generation composite banknotes

YEREVAN, November 22. /ARKA/. Armenia’s Central Bank has put into circulation today third generation banknotes. The official ceremony was also dedicated to the 25th anniversary of the national currency, the dram.

Speaking at the ceremony Central Bank Chairman Arthur Javadyan said every Armenian citizen realizes that the dram is not just a legal tender, but also an important symbol of independence. According to him, the dram has played a tremendous role in creation of an independent market economy and implementation of an independent monetary policy. Javadyan added that the national currency also played a key role in shaping the financial system of Armenia.

The new so-called composite banknotes with advanced anti-counterfeiting features are made from paper and polymers. They will be put into circulation in stages, since the Central Bank has to check their quality.

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Armenia’s Central Bank to put into circulation new generation composite banknotes

20.11.2018 18:04

Armenia’s Central Bank to put into circulation new generation composite banknotes

Third generation Armenian composite banknotes dedicated to the 25th anniversary of the national currency, the dram, will be put into circulation on November 22, secretary general of the Central Bank David Nahapetyan said today

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Armenian central bank announces tender for printing of composite banknotes

26.05.2017 18:36

Armenian central bank announces tender for printing of composite banknotes

Armenia’s Central Bank has announced a tender for printing composite banknotes, the bank’s press service reported. It described composite banknotes as more durable with higher multi-stage security features

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