Armenian national security service finds out fake banknotes

YEREVAN, January 26. /ARKA/. Armenia’s National Security Service has found out fake 10,000-dram banknotes in circulation, the press office of the agency reported on Wednesday.

It has become clear as a result of an investigation that the banknotes had been made by colored xeroxing.

To achieve maximum resemblance to the original, forgers added the metallic belts of 1,000-dram banknotes on fakes.

The fake banknotes were pawned off at different gasoline stations at nighttime in poor lighting.

The National Security Service is warning citizens against taking such banknotes. They should pay special attention to peculiar details, such as protective line and watermarks (see picture).

One offender has been tracked down charged with forgery.

Now other wrongdoers are being hunted.

People who mistakably took the forged banknotes may call the agency’s investigation division. Phone numbers: (010) 57 90 58 and (010) 57 98 44. –0–

spot_img

POPULAR

Why Armenia’s capital market remains bank-driven: 5 insights from Landmark Capital’s CEO 

Gor Gevorgyan assesses Armenia's economy as growing, the country has significant private capital, and the infrastructure and legislative framework for market development as sufficient.

Loans issued by Armenian commercial banks approached 8.9 trillion drams at the end of July

The volume of loans issued by commercial banks in Armenia as of the end of July 2026 amounted to 8,898,629 million drams, compared to 8,775,241 million drams at the end of June.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar continued to decline: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.06 points on September 9, 2026, compared to September 8, to 363.58 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 31 – September 6)

Armenia's financial agenda this week focused on capital market development, macroeconomic indicators, and attracting international financing for government programs.

Cube Invest announces the placement of AMD bonds worth 5 billion drams

By Decision No. 1/288 A of the Chairman of the Central Bank of the Republic of Armenia dated July 1, 2026, the program prospectus for Cube Invest CJSC's registered coupon bonds was registered.

LATEST NEWS

spot_imgspot_imgspot_img