{"id":80828,"date":"2014-10-28T13:45:39","date_gmt":"2014-10-28T13:45:39","guid":{"rendered":"https:\/\/armbanks.am\/2014\/10\/28\/241679\/"},"modified":"2024-12-15T13:14:10","modified_gmt":"2024-12-15T13:14:10","slug":"regulator-armenias-gross-international-reserves-meet-all-sufficiency-criteria-more-than-necessary","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2014\/10\/28\/80828\/","title":{"rendered":"Regulator: Armenia\u2019s gross international reserves meet all sufficiency criteria more than necessary"},"content":{"rendered":"<p><strong>YEREVAN, October 28. \/ARKA\/.<\/strong> Armenia\u2019s gross international reserves meet all sufficiency criteria more than needed, the Central Bank of Armenia says in its \u2018Adequacy of Armenia\u2019s International Reserves\u2019 study.<\/p>\n<p>According to the central bank\u2019s preliminary figures, the country\u2019s gross reserves totaled $1 663 million in late September after shrinking 8.4% over the third quarter.<\/p>\n<p>Import coverage indicator financed by international reserves made 4.2 months, the ratio of reserves to the short-term debt was 4.4, and the ratio of international reserves to money stock in drams was 0.8.<\/p>\n<p>\u201cArmenia\u2019s international reserves are superabundant and give no grounds for anxiety,\u201d the regulator says in its report.<\/p>\n<p>In the international practice, requirements to outside reserves depend on a country\u2019s ability to stand payment balance shocks.<\/p>\n<p>Criteria for gauging adequacy of international reserves are the three-month import coverage indicator, the foreign debt repayment result for one year and the ratio of reserves to the aggregate monetary stock. &#8211;0&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia\u2019s gross international reserves meet all sufficiency criteria more than needed, the Central Bank of Armenia says in its \u2018Adequacy of Armenia\u2019s International Reserves\u2019 study<\/p>\n","protected":false},"author":1,"featured_media":157156,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,13740,12607],"class_list":{"0":"post-80828","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-armenia-2","10":"tag-regulator","11":"tag-reserves"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/80828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=80828"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/80828\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157156"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=80828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=80828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=80828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}