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New 10,000-Dram Banknotes Put In Circulation

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  • New 10,000-Dram Banknotes Put In Circulation

    NEW 10,000-DRAM BANKNOTES PUT IN CIRCULATION

    Noyan Tapan
    May 30 2006

    YEREVAN, MAY 30, NOYAN TAPAN. In accordance with the decision of the
    Central Bank of Armenia (CBA) Board, starting May 31, ten thousand
    dram banknotes of the Republic of Armenia of 2006 issue will be put
    in circulation. According to the CBA press service, these banknotes
    are a legal means of payment in the territory of Armenia and shall
    be accepted at their nominal value in payment for all goods and
    liabilities expressed in money, without any time restriction. The
    banknotes of the nominal value of 10,000 drams issued in 2003 remain
    in circulation without restrictions and a change of circulation
    conditions.

    The CBA also provided the description of a 10,000-dram banknote. Like a
    banknote of 2003 issue, it also bears a portrait of the writer Avetik
    Isahakian and has a violet shade.
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