YEREVAN, May 31. / ARKA /. Armenia’s gross international currency reserves slashed by 5% (or $93.7 million) in April from the beginning of the year, to $1.765.3 billion, the Central Bank of Armenia reported.
It said assets in convertible currency fell by 4.8% from 2010 December (or by $87.5 million) to $1.738 billion as of late April 2011. Armenia’s special drawing rights (SDR) at IMF dropped to $27.3 million from $33.5 million in late December 2010. -0-
Structure of Armenia’s international reserves
($ mln.)
| Name | Dec.
2010 |
Jan.
2011 |
Feb. 2011 | March
2011 |
April 2011 |
| Gross international reserves | 1,859.0 | 1,817 | 1,789.9 | 1,823.4 | 1,765.3 |
| Gold о | 0 | 0 | 0 | 0 | 0 |
| SDR at IMF | 33.5 | 34.0 | 31.3 | 31.5 | 27.3 |
| Reserve position at IMF | 0 | 0 | 0 | 0 | 0 |
| Assets in convertible currency | 1,825.5 | 1,783.1 | 1,758.6 | 1,791.7 | 1,738.0 |
