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Armenia will soon start producing gold bars

Armenia will soon start producing gold bars

June 19
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.”
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