Armenia’s international gross reserves in 20011 February contract by 1.5%

Economy

YEREVAN, April 6. / ARKA /. Armenia’s international gross reserves in 2011 February contracted by 1.5% or $27.1 million from January to a total of 1.789.9 billion, the Central Bank of Armenia (CBA) said in a statement posted on its official website. In late February assets in convertible currency stood at

$1.758.6 billion dropping by 1.4$ or $24.5 million from late January. According to the statement, Armenia’s SDR  at IMF dropped to $31.3 million from $34 million  in late January.

Structure of Armenia’s international gross reserves ($ mln.)

Name Dec. 2010 Jan.2011 Feb.2011
Gross international reserves 1,859.0 1,817 1,789.9
Gold 0 0 0
SDR at IMF 33.5 34.0 31.3
Reserve position at IMF 0 0 0
Foreign currency assets 1,825.5 1,783.1 1,758.6
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