Monday, February 24 2014 20:33

In 2013 Armenia's international gross reserves grew by 25%


ArmInfo. In 2013 Armenia's international gross reserves grew by 25% to $2.253bln.

The Central Bank of Armenia reports that in Q4 2013 they dropped by 7.3% against 51.3% growth in Q3 2013.

The growth was due to 27.3% growth in foreign exchange assets to $2.251bln. In Q4 2013 this index dropped by 7.1% against 54.2% growth in Q3 2013.

In 2013 IMF ISD dropped by 17 times to $1.9mln against 70.3% drop in Q4 2013 and 5 time drop in Q3 2013.

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