Armenia’s Gross International Reserves Total $1,638.2 Mln In April

ARMENIA’S GROSS INTERNATIONAL RESERVES TOTAL $1,638.2 MLN IN APRIL

YEREVAN, May 31. /ARKA/. Armenia’s gross international reserves
amounted to $1,638.2 million in April, an increase of 0.4% compared
to March level, the Central Bank reports.

Vast majority of assets ($1,624.2mln) is kept in hard currency.

SDR in IMF amounted to $13.7mln at the end of the reporting period,
as compared to $1.7mln in March, according to the report.

($1=416.71drams). -0-

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. 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.

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS