Armenia’s gross international reserves drop 1.1% to $1,739mln

Exchange market

YEREVAN, December 13. /ARKA/. Armenia’s gross international reserves totaled $1,739mln by the end of the third quarter 2012, a reduction of $19.8mln or 1.1% compared with the beginning of the quarter, Armenia’s Central Bank reports.

Vast majority of assets is in hard currency.

According to the report, special drawing rights (SDR) by IMF totaled $6.7mln by the end of the reporting period as compared with $59.6mln in the beginning of the third quarter. ($1=405.98drams). -0-

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