Armenia will soon start producing gold bars

Armenia will soon start producing gold bars

PanARMENIAN.Net - Chairman of the Central Bank Artur Javadyan said Wednesday, June 19 that Armenia will soon start producing gold bars.

Addressing a government meeting Wednesday, Javadyan revealed that a factory will be established, and that all the equipment has already been purchased.

“We are working with a prestigious Swiss company. A factory will open to enable our gold producers to export 80-90% bars,” the head of the Central Bank said.

“We will also get to buy gold in our national currency, as foreign currency poses risks.”

 Top stories
Wizz Air Abu Dhabi will be regularly flying from the Armenian capital of Yerevan to Abu Dhabi, UAE.
The ruble was trading at a low of 74.9 to $1 on March 9 morning, after another wild start to the week for financial markets.
Pashinyan said that raising the efficiency of the fight against corruption will be one of the most important challenges.
The Council adopted revised conclusions on the EU list of non-cooperative jurisdictions for tax purposes.
Partner news