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Gross International Reserves Of Armenia Reduced By 7.7%

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  • Gross International Reserves Of Armenia Reduced By 7.7%

    GROSS INTERNATIONAL RESERVES OF ARMENIA REDUCED BY 7.7%

    PanARMENIAN.Net
    April 12, 2010 - 15:18 AMT 10:18 GMT

    Armenia's gross international reserves decreased by $154.8mln or 7.7%
    during the first two months of 2010, totalling $1.85 billion.

    Meanwhile, Armenia's international reserves reduced by 4.6% in
    February, as compared with January 2010, the Armenian Central Bank
    said in its monthly bulletin.

    Besides, the special drawing rights (SDR) in the International
    Monetary Fund decreased by 3.6% in January-February 2010, amounting
    to $120.2mln.

    Armenia's foreign currency assets reduced by 8% during the period
    under review, totaling $1.73 billion.
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