Thursday, November 17 2011 16:40

Gross international reserves of Armenia grow 7% for August 2011


ArmInfo. Armenia's gross external reserves grew 7% for August 2011 versus July, and by 7,6% versus December 2010 - up to $2007.6 million USD, Armenian Central Bank press- service told ArmInfo.

In the structure of gross external assets, international reserves (gross external assets in hard currency) were up 7,3% and 8,7% versus December 2010 having amounted $1991.5 mln over the period under review. Special drawing rights (SDR) at IMF decreased 18% for August and by 52,2% versus December.

The share of bank gold in gross international reserves was zeroed out in December 2003.
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