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Armenian forex reserves down 3.5 percent in March

YEREVAN, April 8 / ARKA /. Armenia’s foreign exchange reserves totaled $1.622 billion at the end of March, down 3.5% or $58.7 million from $1.681 billion a month earlier, the central bank said on Thursday.

It said foreign exchange reserves in convertible currencies stood at $1.608 million. At the end of March SDR at IMF stood at $13.9 million.-0-

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