PREMIER: RELIABLE NATIONAL CURRENCY TO ENABLE ARMENIA RESISTING CRISIS
ARKA
Nov 24, 2008
YEREVAN, November 24. /ARKA/. Reliable national currency and banking
system will allow Armenia resisting the current world financial and
economic crisis, Armenian Premier Tigran Sargsyan said at the official
reception on the Banking Employee Day and the commemoration of the
15th anniversary of the Armenian Dram Saturday.
"After 15 years, we can state with satisfaction that Armenian Dram
enjoys confidence and that today we have a stable and strong currency,"
Sargsyan said.
When Dram was introduced as national currency in 1993, the country had
many economic and social problems and was surviving a severe winter,
the Premier said. But, still, people understood it was a historical
day as introduction of the national currency symbolizes restoration
of Armenian independent statehood, he said.
Armenian banking employee can be proud that the country’s banking
system is one of the foundations of the country’s economic system
and stable statehood, the Premier said.
Armenian Dram was officially introduced as the national currency of
Armenia on November 22 1993.