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ARMENIA'S CENTRAL BANK OPERATES WITH LOSSES
news.am
August 28, 2012 | 17:33
YEREVAN. - Losses of the Central Bank of Armenia (CBA) made about AMD
111 billion as of June 30, the CBA report on the "Financial Situation
of the CBA" reads. The CBA losses were reduced by the amount of AMD
16 billion, as compared to the first term of this year. The reduction
may likely be linked to the re-evaluation of the currency. The assets
and liabilities of the Central Bank make about AMD 1.01 trillion,
while own capital makes AMD 12.5 billion as of June 30. To note,
majority of the CBA assets are on foreign currency, while majority
of the liabilities are on local currency.
news.am
August 28, 2012 | 17:33
YEREVAN. - Losses of the Central Bank of Armenia (CBA) made about AMD
111 billion as of June 30, the CBA report on the "Financial Situation
of the CBA" reads. The CBA losses were reduced by the amount of AMD
16 billion, as compared to the first term of this year. The reduction
may likely be linked to the re-evaluation of the currency. The assets
and liabilities of the Central Bank make about AMD 1.01 trillion,
while own capital makes AMD 12.5 billion as of June 30. To note,
majority of the CBA assets are on foreign currency, while majority
of the liabilities are on local currency.