Armenia’s gross international reserves in November 2014 drop to $1,537.6 million

12.01.2015 15:29
Armenia’s gross international reserves in November 2014 drop to $1,537.6 million

YEREVAN, January 12. /ARKA/. Armenia’s gross international reserves fell by 7.9% or by $133.3 million to $1,537.6 million in November 2014, the Central Bank of Armenia reported.

It said the bulk of reserves ($ 1,437.8 million) are in convertible currency.

The Central Bank said the country’s international reserves dropped by 31.7% or $714 million in November from the beginning of the year.

According to the regulator, reserves in Special Drawing Right (SDR) at the IMF stood at $0.2 million as of the end of the reporting period. (1$- 471.46 drams). – 0-


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