YEREVAN, April 29, /ARKA/. Armenia’s international gross reserves dropped by 1.9% or $35.6 million in 2011 March from 2010 December to a total of $1.823.4 billion, the Central Bank said in a statement posted on its official website.
It said the volume of convertible foreign exchange dropped by 1.8% or $33.8 million to $1.791.7 billion at the end of March compared with 2010 December.
It said also Armenia’s Special Drawing Right (SDR) at the International Monetary Fund fell to $31.5 million from $33.5 million in 2010 December. -0-
Structure of Armenia’s gross international reserves
($ mln.)
| Name | Dec
. 2010 |
Jan.
2011 |
Feb.
2011 |
March
2011 |
| International gross reserves | 1,859.0 | 1,817 | 1,789.9 | 1,823.4 |
| Gold | 0 | 0 | 0 | 0 |
| SDR at IMF | 33.5 | 34.0 | 31.3 | 31.5 |
| Reserve position at IMF | 0 | 0 | 0 | 0 |
| Foreign (convertible)exchange reserves | 1,825.5 | 1,783.1 | 1,758.6 | 1,791.7 |
