  Armenia's gross international reserves increased by 3.7% in third quarter of 2010November 29, 2010 - 19:16 AMT PanARMENIAN.Net - Armenia’s gross international reserves increased by $65.7mln or 3.7% in the third quarter of 2010, amounting to $1.85mln. Meanwhile, the special drawing rights (SDR) in the International Monetary Fund decreased by 0.4% as of the end of September 2010 as compared with the beginning of the third quarter, amounting to $43.3mln, the press service of the Central Bank of Armenia reported. Besides, the gross external liabilities amounted to $691.7bln as of the end of the third quarter of 2010 that is 6.3% higher compared to the beginning of the quarter. Armenia’s net external reserves totaled $1161mln by the end of September 2010 against $1,135.9mln in the beginning of July.   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 Concept to complete Yerevan Cascade discussed at city hall  A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte.Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province.€3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms.Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |
