Armenian central bank to replace used banknotes to prevent spread of coronavirus

Economy
армянский драм
армянский драм

YEREVAN, March 13. /ARKA/. The Armenian central bank said on Thursday it would gradually replace used banknotes with new ones to try to prevent the spread of coronavirus and advised people to avoid making cash payments where possible.

In a post on its official Facebook page, the central bank also advised people to use online banking services in preference to cash where possible.

Armenia has recorded six cases of coronavirus so far, according to the health ministry. -0-

spot_img

POPULAR

Exchange market

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 June 22, 2026, fell by 0.08 points compared to June 19, to 368.07 drams.
Без категории

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 15–21)

The financial week in Armenia was marked by Central Bank decisions, discussions of public debt parameters, inflation dynamics, and institutional changes in the banking sector.
Announces

Unibank’s annual general meeting of shareholders will be held today: the bank’s net profit amounted to 9.8 billion drams

On June 22, 2026, the Annual General Meeting of Shareholders of Unibank OJSC will be held.
Banks

International investors own 7-8% of Armenia’s dram-denominated government debt – Central Bank

Global institutional investors own approximately 7-8% of Armenia's dram-denominated government debt, stated Central Bank Chairman Martin Galstyan.
Banks

Net non-commercial remittances in Armenia accelerated to 16% in April – WB

Net non-commercial remittances in Armenia increased by 16% year-on-year in April from a low base in 2025, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Economist: Armenia’s preparation for possible fluctuations at forex market is at high level, but there are also vulnerable categories of people – exclusive interview
Economist: Armenia’s preparation for possible fluctuations at forex market is at high level, but there are also vulnerable categories of people – exclusive interview
Next article
New Armenian banknotes become winners at High Security Printing EMEA-2020
New Armenian banknotes become winners at High Security Printing EMEA-2020