ARMENIA CB’S GROSS EXTERNAL ASSETS $1,585.2MLN LATE IN Q3
ARKA
Nov 24, 2008
YEREVAN, November 24. /ARKA/. In the 3rd quarter of 2008, the gross
external assets of the Central Bank of Armenia (CBA) increased by
$5.7mln or 0.36% and amounted to $1,585,247,530.34.
The CBA press service reports that the international reserves (gross
external assets in terms of hard currency) totaled $1,585,246,836.83 –
an increase of $5.7mln.
Special Drawing Rights (SDR) in the International Monetary Fund (IMF)
amounted to 8,988,019.40 or $13,996,345.76 – a quarterly decrease of
$578,071.78 or 3.97%, with a zero reserve position in the IMF.
Armenia’s net external assets totaled $1,398,220,071.69 – an increase
of 1.08%. Hard currency assets constituted a major part of this amount
– $1,398,219,378.18.
Early in the 3rd quarter, the CBA’s gross external assets had
totaled $1,579,571,643.27, with international reserves totaling
$1,579,570,941.11.
Special Drawing Rights (SDR) in the IMF totaled 8,921,569.40
or $14,574,417.54. Armenia’s net external assets amounted
to $1,383,273,318.68, with hard currency assets amounting to
$1,383,272,616.52.
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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