Monday, March 18 2013 19:33
In Jan 2013 foreign liabilities of Central Bank grew by 0.7% to $735.8 mln
ArmInfo. In Jan 2013 the gross foreign liabilities of the Central Bank of Armenia (CBA) grew by 0.7% to $735.8 mln. The CBA reports that this index dropped by 3.6% versus Jan 2011.
According to the source, the growth in January was due to the increase in IMF loans - by 0.5% to $466 mln (11% y-o-y decline). In the structure of foreign liabilities of the CBA, IMF loans made up 63.3%.
The share of SDR in the gross foreign liabilities made up 18.4%, or $135.6 mln (0.3% growth over January, 0.7% y-o-y decline).
Other loans made up 18.2% of the CBA's foreign liabilities, or $122.8 mln (1.7% growth over January, 31.6% y-o-y growth). Other liabilities in the gross foreign liabilities of the CBA remained small - $0.1 mln (no changes over January, 87.5% y-o-y decline).
To note, as of 1 Jan 2013, the CBA's gross foreign liabilities totaled $730.9 mln (3% y-o-y decline). The IMF loans totaled $463.7 mln (10.5% y-o-y decline). The SDR share in the gross foreign liabilities totaled 135.2 mln USD (no considerable changes versus 2011). Other loans of the CBA totaled $131.8 mln (30.9% growth versus 2011). Other liabilities amounted to $0.1 mln (66.7% y-o-y decline).
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