AMD BANKNOTES ARE MOST OF ALL FORGED IN ARMENIA
ArmInfo
2009-08-24 20:02:00 1000
ArmInfo. There is no serious concern in Armenia about forgery of coins
and pieces of money, particularly, the ones with big nominal values,
Vakhtang Abrahamyan, a member of Board of the Central Bank of Armenia
(CBA) told journalists, Monday.
"This fact is conditioned by the degrees of protection used in Armenian
currency units",- he said.
For his part, Simon Simonyan, the head of the CBA department for
payment-settlement systems and money turnover, pointed out that
banknotes with small nominal value, particularly 1000 AMD banknotes
are more frequently forged. "But this forgery is 10 times as little
met as in Europe",- he stressed. He added that in Armenia pieces of
money are mostly forged by means of xerox copiers and color printers.