Armenia’s gross international reserves reduce 9.3% to $1 631.2 million in 1st Q 2013

YEREVAN, May 16. /ARKA/. Armenia’s gross international reserves totaled $1,631,218,357.35 by the end of the first quarter 2013 after shrinking 9.3% over the quarter.

According to the report available on the central bank’s official website, the bulk of the country’s assets – $1,631,217,920.70 – is held in convertible currencies.

Then country’s SDR in IMF amounted to $1.65 million in late March 2013 against $31.7 million in early January 2013. ($1- AMD 416.69 drams). –0—

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Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

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