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Armenia Calling Off High Denomination Notes

The higher denomination notes of the hybrid series will be dropped by the Central Bank of Armenia. The bank is planning to print lower denominations in the new series to come. Many new discussions are being carried out regarding the printing f the new series, like substrate choice, design changes and more serious security measures. As per the statement released by the central bank earlier this month, the discussions are carried out with members of the Armenian Apostolic Church.

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