At the end of May 2005 official international reserves made up LTL 9,833.5 million (EUR 2,848.0 million, USD 3,567.3 million). Over one month they increased by LTL 130.0 million, i.e. 1.3 per cent.
At the end of May 2005 official international reserves made up LTL 9,833.5 million (EUR 2,848.0 million, USD 3,567.3 million). Over one month they increased by LTL 130.0 million, i.e. 1.3 per cent.
International reserves grew due to higher credit institution balances with the Bank of Lithuania (LTL 125.9 million), an increase of the volume of currency issued by the Bank of Lithuania (LTL 65.2 million), an increase of other foreign liabilities of the Bank of Lithuania (LTL 7.1 million) and the net increase of other liabilities of the Bank of Lithuania (LTL 2.6 million).
The factor reducing reserves was the contraction of central government deposits with the Bank of Lithuania by LTL 70.8 million.
| (LTL millions, unless otherwise indicated; end of period) |
| Official reserve assets | |||||||||||||||
| Total | Monetary gold2 | Special drawing rights | Reserve position in the IMF | Foreign exchange | Other claims | ||||||||||
| USD millions | EUR millions1 | LTL millions | LTL millions | in fine troy ounces (millions) | Total | Currency and deposits | Securities | Financial derivatives | |||||||
| Total | With monetary authorities and the BIS | With banks | |||||||||||||
| 04/2005 | 3,631.7 | 2,810.3 | 9,703.5 | 215.1 | 0.186 | 0.3 | 0.1 | 9,488.1 | 1,672.5 | 1,012.9 | 659.7 | 7,815.5 | - | - | |
| 05/2005 | 3,567.3 | 2,848.0 | 9,833.5 | 213.6 | 0.186 | 0.1 | 0.1 | 9,619.7 | 1,811.3 | 1,066.7 | 744.6 | 7,808.4 | - | - | |
| 05 - 04/2005 | |||||||||||||||
| Change: | in millions | -64.4 | 37.7 | 130.0 | -1.5 | - | -0.1 | 0.0 | 131.7 | 138.8 | 53.9 | 84.9 | -7.1 | - | - |
| in per cent | -1.8 | 1.3 | 1.3 | -0.7 | - | -49.1 | 1.3 | 1.4 | 8.3 | 5.3 | 12.9 | -0.1 | - | - | |
Notes:
1.XEU till December 31, 1998
2. Since December 2001 gold has been valued once per month on the last working day at the value of London gold price fixing. Previously, gold was valued once per year on the last working day at the lowest value of London gold price fixings during the year, if that value was lower than book value.