Gross international reserves of Armenia reduced by 7.7%April 12, 2010 - 15:18 AMT PanARMENIAN.Net - Armenia’s gross international reserves decreased by $154.8mln or 7.7% during the first two months of 2010, totalling $1.85 billion. Meanwhile, Armenia’s international reserves reduced by 4.6% in February, as compared with January 2010, the Armenian Central Bank said in its monthly bulletin. Besides, the special drawing rights (SDR) in the International Monetary Fund decreased by 3.6% in January-February 2010, amounting to $120.2mln. Armenia’s foreign currency assets reduced by 8% during the period under review, totaling $1.73 billion. 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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |