ARMENIA’S GROSS INTERNATIONAL RESERVES HIT $1.3 BILLION AUG.1
RIA Novosti
14:10 | 13/ 09/ 2007
Russia
Business
YEREVAN, September 13 (RIA Novosti) – Armenia’s gross international
reserves have risen 18.5% since early 2007 to $1.27 billion as of
August 1, the country’s Central Bank said.
The country’s convertible currency assets reached $1.264 billion
and special drawing rights (SDR) amounted to $6 million, with zero
gold reserves.
Under the republic’s monetary management policy for 2007 the Central
Bank’s gross international reserves, excluding privatization earnings,
should reach $1 billion in late 2007.
Disclaimer: This article was contributed and translated into English by Chakrian Hovsep. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2007/09/13/armenias-gross-international-reserves-hit-1-3-billion-aug-1/