Sun, 17 August
20.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenian banknotes are among top five best banknotes, according to International Association of Currency Affairs

YEREVAN, May 2. /ARKA/. Armenia’s third generation composite banknotes qualified for the finale of the 14th international contest “The best banknote or a series of banknotes of 2019” organized by the International Association of Currency Affairs (IACA), Armenia’s Central Bank said.

It said the list of the top five banknotes includes also a new 50 dollar banknote of the Australian Reserve Bank, a Bank of Canada banknote with the face value 10 dollars, a Mexican banknote of 500 pesos, banknotes of the Bank of Norway. The competition was attended by 55 participants.

IACA has been holding the competition since 2017. New banknotes issued not later than 18 months before the competition can take part in the competition.

Third generation Armenian composite banknotes dedicated to the 25th anniversary of the national currency, the dram, were put into circulation on November 22, 2018.-0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Volume of loans issued by commercial banks of Armenia exceeded 7 trillion drams at the end of June

The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

LATEST NEWS

spot_imgspot_imgspot_img