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Armenia’s international gross reserves surge by 18.1% in 2015 march to $1.491.5 billion

YEREVAN, April 9. / ARKA /. Armenia’s international gross reserves surged by 18.1% in 2015 March to $1.491.5 billion, according to a provisional Central Bank of Armenia report.

Foreign assets in convertible currency stood at $1.490.9 billion and the Special Drawing Rights (SDR) with the IMF were worth $0.7 million.

In 2014 Armenia’s gross international reserves slashed by 33.8% or $762.3 million to $1.489.3 billion. The reduction continued into 2015. In February they stood at $1.260.9 billion. ($ 475.55 drams). -0-

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