Armenia’s gross international reserves down 12.7% to $1 709 mln in October

YEREVAN, December 3. /ARKA/. Armenia’s gross international reserves tumbled 12.7% or by $250.4 millio in October 2012 from early this year to $1 709 million, according to the data published on Central Bank’s official website.

It said most assets are held in convertible currency ($1 702,2 million).

The Central Bank also said Armenia’s SDR at IMF totaled $6.7 million in October’s out versus $57 million as of early this year. ($1- 405.32 drams). –0-

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