Armenia's gross forex reserves stood at $2.615.5 billion in late December 2020

01.02.2021 19:05
Armenia's gross forex reserves stood at $2.615.5 billion in late December 2020

YEREVAN, February 1. /ARKA/. As of late December 2020, Armenia's gross international foreign exchange reserves stood at $2.615.5 billion, the Central Bank said today.

At the beginning of the third quarter, this figure was $2.648.2 billion. At the end of the third quarter they dropped to  $2.449.2 billion.

Foreign assets accounted for the bulk of gross foreign exchange reserves - $2.606.6 billion, of which securities accounted for $1.780.5 billion and  $826.1 million were cash and deposits.

At the same time, other foreign currency assets, as of December 2020, stood at $26.5 million. In  2019, Armenia's gross external reserves surged by 26.1%, or by about $590 million. By the end of 2019, they stood at an unprecedented level of $2.85 billion.($1 - 518.88 drams). –0--


Tags: , Новости Армении АМИ Новости-Армения

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