YEREVAN, January 12. /ARKA/. Armenia’s gross international reserves fell by 7.9% or by $133.3 million to $1,537.6 million in November 2014, the Central Bank of Armenia reported.
It said the bulk of reserves ($ 1,437.8 million) are in convertible currency.
The Central Bank said the country’s international reserves dropped by 31.7% or $714 million in November from the beginning of the year.
According to the regulator, reserves in Special Drawing Right (SDR) at the IMF stood at $0.2 million as of the end of the reporting period. (1$- 471.46 drams). – 0-
