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RA CB Undertakes History Exhibitions Dedicated to National Currency

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  • RA CB Undertakes History Exhibitions Dedicated to National Currency

    RA CB UNDERTAKES HISTORY EXHIBITIONS DEDICATED TO NATIONAL CURRENCY IN
    MARZES


    VANADZOR, APRIL 11, NOYAN TAPAN. An exhibition dedicated to the
    history of the Armenian national currency which also represents
    activities of the RA Central Bank was opened in Vanadzor on April
    9. As Tigran Sargsian, the Chairman of the RA Central Bank mentioned
    at the opening ceremony of the exhibition, it was the first time such
    an exhibition was organized outside Yerevan. According to him,
    investigations showed that the society does not yet value important
    components of independence including the national currency. In the CB
    President's opinion, it is particularly caused by the circumstance
    that the stage of stabilization of the state system, which is combined
    with economic and social problems, is still going on. Population is
    concentrated on their solution and does not pay attention to those
    important historic events which he participates in. According to
    T.Sargsian, few people saw importance of the national currency at the
    initial stage of its circulation, the currency was losing its value
    with every passing day which was caused with the distrust towards
    it. But time showed that the dram became stable and valued against
    foreign currency.
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