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Ashtarak Hosts Exhibition On Armenia's Money Circulation

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  • Ashtarak Hosts Exhibition On Armenia's Money Circulation

    ASHTARAK HOSTS EXHIBITION ON ARMENIA'S MONEY CIRCULATION

    PanARMENIAN.Net
    April 17, 2012 - 15:47 AMT

    PanARMENIAN.Net - On April 17, on the initiative of the Central Bank
    of Armenia (CBA), Armenia's city of Ashtarak hosted opening of an
    exhibition titled "History of Armenia's money circulation."

    The event pursues two goals: first, introductory, aiming to present
    the historical stages of money circulation; and second, educational -
    to brief on the functions of the Central Bank with monitory policy
    and financial stability among them," member of CBA Council Armenak
    Darbinyan said.

    Ashtarak city mayor Gagik Tamazyan noted that coins are bearers of
    the economic life, which comprises separate historical periods.

    According to CBA numismatist Gevorg Mugalyan, the oldest coins date
    back to the 3rd century, with copper coins of Tigranes the Great,
    kings of Cilicia, collectable coins, modern coins, as well as paper
    notes during Russian Empire, Soviet era and modern times displayed
    at the exhibition.

    The exhibition will remain on display until April 23.

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