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In Jan-Mar 2010 Armenia's Gross International Reserves Decreased By

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  • In Jan-Mar 2010 Armenia's Gross International Reserves Decreased By

    IN JAN-MAR 2010 ARMENIA'S GROSS INTERNATIONAL RESERVES DECREASED BY 4.6%

    ArmInfo
    01.06.2010

    ArmInfo. In Jan-Mar 2010 Armenia's gross international reserves
    decreased by 4.6% to $1.911bln.

    The press service of the Central Bank of Armenia reports that in
    Q1 2010 the share of international reserves in the structure of the
    gross foreign assets dropped from $2.003bln to $1.911bln. The amount
    of SDR at IMF decreased from $124.7mln (79.5mln SDR) to $118.3mln
    (77.9mln SDR), the net foreign assets - by 7.8% to $1.256bln.

    The share of bank gold in the gross international reserves was zeroed
    in Dec 2003.




    From: A. Papazian
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