Armenia posts Q2 foreign reserves

RosBusinessConsulting, Russia
Aug. 18, 2006

RBC, 18.08.2006, Yerevan 18:34:58.Armenia’s gross foreign assets
rose by 5.7 percent ($43.4m) in Q2 2006 to $803.726m, the press
office of the Armenian Central Bank reports. International reserves
(foreign currency reserves) grew from $760.288m to $803.726m. The
country’s SDR in the IMF decreased by $6.1m (4.4m SDR) to $12.4m
(8.4m SDR). Its net foreign assets rose by 18.9 percent ($90.2m)
to $568.1m in the reporting period.

Armenian gross foreign assets amounted to $755.160m as of January 1,
2006, including $755.037 of international reserves.

Armenia’s SDR in the IMF was $10.177m (7.121m SDR). Its net foreign
assets amounted to $472.424m, including $472.339m of currency reserves.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS