Monday, May 6 2013 20:01

In Q1 2013 Armenia's gross international reserves shrank by 9.3% to $1.631 bln


ArmInfo. In Q1 2013 Armenia's gross international reserves shrank by 9.3% to $1.631 bln by 1 April 2013. As compared with Q1 2012, the index dropped by 11.7%.

The press service of the Central Bank of Armenia (CBA) reports that this was due to 7.8% drop in the Central Bank's foreign exchange assets to $1.629 bln.

The CBA reports that in Q1 2013 Armenia's SDR dropped for many times to 1.7mln.

The share of bank gold in Armenia's international reserves was zeroed in Dec 2003.
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