Sun, 11 January
-1.9 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

Armenian Central Bank to put into circulation new banknotes

YEREVAN, June 22. /ARKA/. The Armenian Central Bank said today it will put into circulation new banknotes on June 25 with face value of 5000, 10,000 and 20, 000 drams.

“The new banknotes are legal tender of payment in the territory of Armenia and are subject to acceptance by their face value,” the Central Bank said in a statement.

The Central Bank will also put into circulation commemorative coins with nominal value of 50 drams, devoted to Armenia’s provinces and the capital city Yerevan. According to the Central Bank, commemorative coins are legal tender of payment. Fifty dram coins issue din 2003 will remain in circulation without restrictions and change, it said. -0-

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img