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Revaluated Dram Is Forged More

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  • Revaluated Dram Is Forged More

    REVALUATED DRAM IS FORGED MORE

    Lragir.am
    14 June 06

    The amount of discovered forged Armenian banknotes in 2005 is up by
    8 percent compared with 2004, states the annual report of the Central
    Bank of Armenia. Mostly 1000-dram bills are forged - 67 percent.

    Next come the 5000 and 500-dram bills - 13.3 percent, 2.4 percent
    are 20 thousand-dram bills and 200-dram coins.

    The report also says that as on December 31, 2005 160 404.7 million
    drams of paper money and 5159109 million drams in coins was circulated
    in Armenia.
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