Gross International Reserves Of Armenia Increased By $3.6 Mln InJan-

GROSS INTERNATIONAL RESERVES OF ARMENIA INCREASED BY $3.6 MLN IN JAN-OCT, 2004

YEREVAN, DECEMBER 17. ARMINFO. Gross international reserves of Armenia
increased by $3.6 mln during Jan-Oct of the current year, and in Oct as
against Sept they increased by $8.1 mln, totalling $513.8 mln. Gross
international reserves privatized funds exclusive totaled $491.6 mln
by the end of Oct, 2004, increased by $7.7 mln as against Sept, 2004,
and compared with Dec 2003 it decreased by $10.4 mln.

SDR in IMF decreased by $10.4 mln in Jan-Oct of the current year as
against the same period of last year, and in Oct as against Sept it
decreased by $2.4 mln, totaling $8.4 mln. Currency assets increased
by $14.0 mln in Jan-Oct of the current year, and in Oct as against
Sept it increased by $10.5 mln, totalling $505.4 mln.

It should be noted that the share of gold in gross international
reserves was nulled in Dec 2003. By Jan 1, 2004 Gross international
reserves totaled $510.2 mln. SDR in IMF was $18.8 mln. Currency
assets totaled $491.4 mln. Gross international reserves privatized
funds exclusive totaled $502.0 mln by the beginning of 2004.

From: Emil Lazarian | Ararat NewsPress