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

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

Acba Bank and Bank of New York Mellon launch partnership

Armenian Acba Bank is expanding its international partner network by partnering with one of the world's most respected financial institutions, The Bank of New York Mellon, the bank's press service reported.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img