Central Bank of Armenia, central bank
The Central Bank of Armenia is the main financial institution in Yerevan located on Vazgen Sargsyan Street. It issues all banknotes and coins, oversees the banking sector and financial services, and maintains significant reserves in foreign currency.
The bank was established in December 1991 following Armenia's independence and took over responsibility for managing the country's money system. A 1993 law formalized its independence and defined price stability as its primary mission.
The bank sits on Vazgen Sargsyan Street and shapes how Armenians relate to their currency and financial system. It manages the Armenian dram and represents economic trust for citizens.
The bank's headquarters is easy to locate in central Yerevan among government buildings and busy streets. Visitors can view the building from outside or explore the bank's website to learn about its operations and history.
The bank owns the Armenian Mint, which produces all coins for the country with security features to prevent counterfeiting. This direct control of coin production shows how closely physical currency is integrated with monetary policy.
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