Armenia’s international reserves decline

Armenia’s international reserves decline

Armenia’s international reserves amounted to $1 billion 351 million this January. This is the lowest level over the past 6 years.

 

"This is, apparently, a new anti-record: the international reserves of Armenia have reached their lowest level over the past 6 years. This is evidenced by official statistics published by the Central Bank.The country’s international reserves were at the lowest level during the crisis in May 2009 ($1.258 billion). Armenia’s international reserves have decreased by $900 million (40%) against January 2014," Panorama cited the publication in Haykakan Zhamanak.

 

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