Armenia’s forex reserves grew by 19 percent in 2015 to $1.775.3 billion

22.04.2016 19:15
Armenia’s forex reserves grew by 19 percent in 2015 to $1.775.3 billion

YEREVAN, April 22. /ARKA/. At the end of 2015 Armenia's gross forex reserves stood at about $1.775.3 billion, up 19.2% from $1.489.4 billion at the beginning of the year, the press service of the Central Bank of Armenia said today.

Armenia’s special drawing rights (SDR) at the IMF at the end of the reporting period stood at approximately $2.8 million, down from $6.2 million.

In 2014 Armenia’s gross forex reserves slashed by 33.8% or $762.3 million to $1. 489.3 billion. They continued to fall in 2015 as well. Thus, forex reserves  in February 2015 fell to $1.260.9 billion. -0-


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