YEREVAN, February 1. /ARKA/. As of late December 2020, Armenia’s gross international foreign exchange reserves stood at $2.615.5 billion, the Central Bank said today.
At the beginning of the third quarter, this figure was $2.648.2 billion. At the end of the third quarter they dropped to $2.449.2 billion.
Foreign assets accounted for the bulk of gross foreign exchange reserves – $2.606.6 billion, of which securities accounted for $1.780.5 billion and $826.1 million were cash and deposits.
At the same time, other foreign currency assets, as of December 2020, stood at $26.5 million. In 2019, Armenia’s gross external reserves surged by 26.1%, or by about $590 million. By the end of 2019, they stood at an unprecedented level of $2.85 billion.($1 – 518.88 drams). –0–
