5,000 DRAMS BANKNOTES ISSUED IN 1995 REMAIN LEGAL TENDER
ArmenPress
May 20 2004
YEREVAN, MAY 20, ARMENPRESS: In response to numerous complaints
of citizens that trade and service outlets refuse to accept 5,000
Drams bank notes, issued in 1995 on grounds that they are no longer
deemed legal tender, the Central bank announced today that all
such banknotes are legal tender across Armenia and are subject to
obligatory acceptance by all trading and other outlets in return for
goods and services.
The Bank said outlets refusing to take these banknotes will be subject
to penalties, envisaged by the law.