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Armenian Central Bank’s total external liabilities drop by 1.9% in May to $620.7 million

YEREVAN, July 27, / ARKA /. Armenian Central Bank’s total external liabilities in late May 2015 stood at $620.7 million, having decreased by 1.9% from the previous month, according to the regulator’s monthly bulletin for May.

The largest portion of external debt –around 53% or $329 million- was owed to the International Monetary Fund (IMF). The figure was down 4% from the previous month of April.

At the same time Armenia’s SDR in May 2015 fell by 0.6% to $135.6 million, while other loans grew by 1.8% to $155.3 million.

Other external liabilities of the Central Bank in late May 2015 were worth $0.8 million. ($ 1 – 477.85 drams). -0-

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