GROSS INTERNATIONAL RESERVES OF ARMENIA REDUCED BY 7.7%

PanARMENIAN.Net
April 12, 2010 – 15:18 AMT 10:18 GMT

Armenia’s gross international reserves decreased by $154.8mln or 7.7%
during the first two months of 2010, totalling $1.85 billion.

Meanwhile, Armenia’s international reserves reduced by 4.6% in
February, as compared with January 2010, the Armenian Central Bank
said in its monthly bulletin.

Besides, the special drawing rights (SDR) in the International
Monetary Fund decreased by 3.6% in January-February 2010, amounting
to $120.2mln.

Armenia’s foreign currency assets reduced by 8% during the period
under review, totaling $1.73 billion.