  Armenia's gross international reserves reduced by 6.5% during second quarter of 2010 August 31, 2010 - 17:40 AMT PanARMENIAN.Net - Armenia's gross international reserves decreased by $124.3mln or 6.5% during the second quarter of 2010, amounting to $1786.9mln. Meanwhile, Armenia’s external assets (in foreign currency) totaled $1743.5mln during the period under review that is $49.5mln or 2.8% lower as compared with the beginning of the quarter, the press service of the Central Bank of Armenia reported. Besides, the special drawing rights (SDR) in the International Monetary Fund decreased by 63.3% by the end of June 2010 as compared with the beginning of the quarter, amounting to $43.5mln. The net external reserves of Armenia amounted to $1136mln by the end of the second quarter of 2010 against $1256.8mln in its beginning.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
