Foreign exchange reserves excluding gold reached 2.31 USD bil in 2017 in Armenia, according to the National Statistical Office. This is 4.99 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Armenia reached an all time high of 2.31 USD bil in 2017 and an all time low of 0.001 USD bil in 1992. When compared to Armenia's main peers, foreign exchange reserves excluding gold in Azerbaijan amounted to 6.68 USD bil, 3.04 USD bil in Georgia and 84.1 USD bil in Turkey in 2017.
Armenia has been ranked 108th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 3 places above the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.