GROSS FOREIGN ASSETS OF ARMENIA GROW BY 316 MILLION 876.8 THOUSAND DOLLARS IN 2006

Noyan Tapan
Apr 18 2007

YEREVAN, APRIL 18, NOYAN TAPAN. In late 2006, the gross foreign
assets of the Republic of Armenia made 1 bln 72 mln 37.3 thousand
USD against 755 mln 160.5 thousand USD in early 2006. Their amount
grew by 316 mln 876.8 thousand USD in 2006.

According to data of the Central Bank of Armenia (CBA), the
international reserves of the indicated assets (gross foreign assets in
hard currency) amounted to 1 bln 72 mln 36.5 thousand USD in late 2006
aganist 755 mln 37.3 thousand USD in early 2006. The international
reserves in the International Monetary Fund (IMF) made 9 mln 359.6
thousand SDR or 14 mln 80.6 thousand USD in late 2006 against over
7 mln 120.7 thousand SDR or about 10 mln 177.3 thousand USD in
early 2006.

The net foreign assets made 472 mln 424 thousand USD in early 2006
against 885 mln 455 thousnd USD in late 2006. The net foreign assets
in hard currency amounted to 885 mln 454.3 thousand USD against 472
mln 339.5 thousand USD in early 2006.

From: Emil Lazarian | Ararat NewsPress