Armenia’s International Reserves Have Reduced

ARMENIA’S INTERNATIONAL RESERVES HAVE REDUCED

news.am
June 01, 2012 | 13:47

YEREVAN. – The international reserves of Armenia comprised US$ 1.69
billion as of April 2012, the Central Bank informs.

But these reserves have reduced in recent months. As case in point,
Armenia’s international reserves constituted $1.93 billion at the
end of 2011, and $1.7 billion in March of this year.

The majority of Armenia’s international reserves is still securities,
worth $1.37 billion, and the cash foreign currency amounts to $264
million.

Armenia’s international reserves do not have assets exported by way
of gold or euro.

From: Baghdasarian