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Armenia's International Reserves Have Reduced

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  • Armenia's International Reserves Have Reduced

    ARMENIA'S INTERNATIONAL RESERVES HAVE REDUCED

    news.am
    June 01, 2012 | 13:47

    YEREVAN. - The international reserves of Armenia comprised US$ 1.69
    billion as of April 2012, the Central Bank informs.

    But these reserves have reduced in recent months. As case in point,
    Armenia's international reserves constituted $1.93 billion at the
    end of 2011, and $1.7 billion in March of this year.

    The majority of Armenia's international reserves is still securities,
    worth $1.37 billion, and the cash foreign currency amounts to $264
    million.

    Armenia's international reserves do not have assets exported by way
    of gold or euro.


    From: Baghdasarian
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