Friday, April 22 2016 18:55
Karina Melikyan

Gross international reserves of Armenia grew by 19,2% to $1.775 bln in 2015

Gross international reserves of Armenia grew by 19,2% to $1.775 bln in 2015

ArmInfo. Armenia's gross international reserves grew by 19,2% to $1.775 bln in 2015. In the structure of reserves foreign assets in freely convertible currency totaled $1.175 bln growing by 27.6% y-o-y, the Central Bank of Armenia has told ArmInfo. The share of SDR in IMF totaled $2.9 mln dropping by 53.2% over year.

In 2014 gross international reserves of Armenia declined by 33.9% to $1.489 bln, foreign assets dropped by 42.7% to $ 920.9 mln while the share of SDR in IMF grew 3.3-fold to $6.2 mln.

To note, the share of bank gold in Armenia's gross international reserves was zeroed in Dec 2003.