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Armenia’s gross external reserves in November 2015 fell by 2% to $1.549.7 billion

YEREVAN, January 8, /ARKA/. Armenia’s gross external reserves in November 2015 stood at $1.549.7 billion, a decrease of 2% from the previous month, the Central Bank said.

It said external assets in freely convertible currency in November 2015 were worth $1.540 billion, a decline of 2.5% from October and the Special Drawing Right (SDR) at the IMF were estimated at $9.7 million.

It should be noted that in 2014 Armenia’s gross external reserves slashed by 33.8% or $762.3 million to $1.489.3 billion. The reduction continued into 2015 as well. In February 2015 Armenia’s international reserves fell to $1.260.9 billion. -0-

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