Annual Report 2019

CENTRAL BANK OF ARMENIA particularly, in terms of its economy's ability to absorb possible external shocks. In 2019 Armenia's international reserves secured about four months of import coverage and nearly six years of servicing of current liabilities. The Central Bank continued its strategy of managing international reserves of Armenia by taking a least-risk-involvement approach, which is aimed at increasing the safety, liquidity and effective management of the reserves. ANNUAL REPORT 2019 62

View entire presentation